RateGain shares surge 5% following partnership with Malaysia Airlines

RateGain Travel Technologies Limited saw a 5 percent rise in its stock on July 9 after announcing a multi-year partnership with Malaysia Airlines Berhad.

By 10:30 AM, the stock was trading at Rs 822.0 on the National Stock Exchange, up over 4 percent from the previous close.

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Malaysia Airlines will use RateGain’s advanced AirGain platform to enhance its competitive edge with superior pricing intelligence. “Our partnership with AirGain aligns perfectly with our strategic goals allowing us to make data-driven decisions that keep us at the forefront of the competitive aviation industry,” said Ahmad Luqman Mohd Azmi, CEO of Airlines at Malaysia Aviation Group.

The partnership aims to improve Malaysia Airlines’ performance across its network of domestic and international routes.