Rategain Travel Technologies Ltd shares surged over 3 percent in morning trading on March 26 following the announcement of a strategic partnership with Madrid-based Summerwind GSA for airline representation.
The alliance aims to take advantage of Rategain’s AI-powered pricing solution, AirGain, and Summerwind which has decades of industry experience backed by a network spanning the globe.
In this partnership, Summerwind will provide its airline clients with access to all the data and insights offered by AirGain, as well as additional support that gives them a competitive edge in today’s volatile aviation market.
According to a regulatory filing on March 26, Rategain stated, “With the integration of AirGain’s technology, Summerwind will now offer its airline partners unparalleled access to real-time pricing data and insights from more than 200 sources, including websites, mobile apps, and Global Distribution Systems (GDS).”
As of 12:22 pm, shares of Rategain Travel Technologies Ltd were trading 2.20% higher at ₹782.00 on the NSE.
