Jupiter, FlyNava's new airline pricing decision support solution, through its cloud-based comprehensive system, will provide timely system recommendations, automation and pricing actions using in-built algorithms, optimisers, analysers and trigger based workflows.
Commenting on the announcement, Ramesh Venkat, Chief Information Officer (CIO) at flydubai, said; "We are committed to using the latest technology to enhance our product offering and we very much look forward to working with FlyNava Technologies. This solution will enable us to offer fares based on a foundation of logic thereby guaranteeing greater efficiency with faster time to market and optimising revenue."
Since the launch of its operations in 2009, flydubai has created a network of more than 90 destinations in 44 countries. It operates more than 1,700 flights every week and aims to change the way people travel around the region benefiting from enhanced connectivity.
Ramesh Anantharaman, Senior Vice President of Revenue Management at flydubai, said; "Pricing is central to our revenue growth strategy. FlyNava's innovative approach will enhance our pricing decision capabilities and provide solutions that are customised to our business model."
FlyNava is an innovative technology company with a unique development philosophy that develops IT products to support airlines with their pricing decisions.
"This is a dream come true. It is the result of years of conceptual design, collaboration and development with all our industry stakeholders and the flydubai team," said FlyNava CEO & Founder Mahesh Shastry. "We are honoured that flydubai has chosen Jupiter to support its pricing decisions. We are excited that flydubai will be the first customer of our flagship product. This partnership is special and we will ensure that flydubai derives maximum return of its investment aligned with their growth plans."
Dubai-based flydubai strives to remove barriers to travel and enhance connectivity between different cultures across its ever-expanding network. Since launching its operations in 2009, flydubai has:
In addition, flydubai's agility and flexibility as a young airline have enhanced Dubai's economic development, in line with the Government of Dubai's vision, by creating trade and tourism flows in previously underserved markets.