04 Nov
Preparing for the Future of Air Travel Demand
In the last couple of years, the pandemic has affected all our lives and business alike. Many sectors have faced the brunt of low demand, and many have had to recalibrate and pivot to survive. The travel industry has been impacted the most with many travel companies, airlines and service providers reducing their business outlook, and switching their business models to tackle low demand during this period.
09 Mar
Airline Traveller Forecast: Can it help in anticipating demand better?
Post Covid-19 pandemic, businesses across the world are on a recovery curve. The travel and tourism industry is already witnessing improved demand compared to the previous years. However, complete recovery is still some time away. According to a global survey conducted by the UNWTO in January 2022, most experts feel that the recovery to pre-pandemic levels is likely only after 2024 or beyond. Such being the case, the traditional forecasting methods of relying purely on historical data points to map future demand will become grossly insufficient.
05 Oct
Usability and Accessibility – How they are making AirGain smarter for you!
Ever since the launch of the upgraded AirGain 2.0, we have been constantly making improvements by adding the features that can help airline revenue managers take faster and more accurate decisions in the new normal.
03 Sep
How Can New Airlines Thrive the Post- Covid World
The airline sector by itself is challenging, and the pandemic just made it more so. Leading airlines are plagued by steep reductions in occupancy levels, fluctuating demand, and the absence of solid, reliable historical data to back pricing decisions.
15 Jun
Bringing More Speed and Agility to Airline Pricing for the Post-COVID Revenue Manager
In every conversation with a customer, one key conversation we have with them is to understand if AirGain 2.0 made it easier for them to not only test their pricing strategies but also made it faster and agile to make changes to the system.
03 May
The Current State of Airline Pricing post-Covid
The sheer suddenness of the Covid-19 pandemic thrust businesses across sectors into a deep downward spiral. Granted, it has been over a year since Covid first hit us, and that a vaccine is now available across the world. However, the ripple effect is yet to subside.
29 Apr
Airlines Revenue Management Checklist for 2021
At this point, most airlines would have been running to full capacities, raking in profits on almost all routes. However, Covid-19 had other plans for us. The pandemic which struck havoc in late 2019 has left most airlines reeling in debts.
15 Dec
How Airline Revenue Management and Pricing Teams Respond to Revenue Volatility?
Restricted movements across the world due to the COVID-19 pandemic have severely affected the airline industry, making 2020 one of the worst years in its history since 9/11 attacks and 2008 global financial crisis combined. With an 85% decrease in global air travel, a report released by IATA recorded a loss of $84 billion in 2020 with an additional predicted loss of $15 billion in 2021, leaving the industry in a period of extended recovery at least until the year 2024.
15 Dec
Revenue Volatility in Airlines is Here to Stay: What can Revenue & Pricing Teams do About it?
Restricted movements across the world due to the COVID-19 pandemic have severely affected the airline industry, making 2020 one of the worst years in its history since 9/11 attacks and 2008 global financial crisis combined.
30 Jun
Re-Taking the Skies : What can Commercial Teams do to Gear up for A Full Return of Airline Travel in the New Normal
COVID-19 disrupted all economies and had momentarily seized cash-registers from ringing with airlines expected to lose $84.3 billion in 2020 for a net profit margin of -20.1% (IATA). Airlines all across the world witnessed a nose-dive due to the pandemic-induced-lockdowns. Realizing the prolonged impact the contagion is bound to inflict until an antidote is developed, many countries are trying to restore normalcy with the virus in the backdrop. And, as WHO rightly puts it, "We have all got to learn to live with this virus".
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