AI & ML driven dynamic pricing that enhances every shopping opportunity for optimized revenue and customer relevant offers.
In today’s competitive travel industry, airlines need real-time, AI-powered tools to adjust fares and ancillaries based on demand, competition, inventory, and customer behavior. FLX Dynamic Pricing processes over 31 billion offers daily, creating personalized, value-driven pricing models. Its open, modular design seamlessly integrates with existing systems, empowering airlines to maximize revenue through tailored pricing and optimized seat inventory.
By leveraging real-time data and dynamic pricing, airlines can maximize revenue, capturing the true market value of seats and ancillary products.
Tailor them to customer preferences and their willingness to pay. Provide a wider range of options that customers are more likely to appreciate, based on their past experiences. This approach ensures that offers resonate more with individual needs, driving higher satisfaction and conversion rates.
Targeted, data-driven offers increase conversion rates, allowing airlines to sell more ancillary products and achieve higher yields per passenger. Applying an analytical model that identifies the likelihood of each passenger buying a flight among a collection of alternatives.
Airlines benefit from a structured, stable approach to dynamic pricing, evolving over time while maintaining control, ultimately enabling smarter decision-making and sustained revenue growth.
Accelya’s FLX Dynamic Pricing helps airlines ensure that the entire revenue opportunity is considered when adjusting pricing. It optimizes shopping by determining the best fares for each flight to maximize the value of every shopping session.
By combining choice modeling with competitive analysis, it increases offer uptake, considering customer Willingness to Pay (WTP), competitive pricing, and alternative offers.
Discover the power of FLX Dynamic Pricing, contact with Accelya experts to know more about our product.
Press Releases
Accelya achieves Record-Breaking Day and +146% YoY Growth in 2024 Corporate NDC Bookings
Accelya announces Record-Breaking day and +146% YoY growth in NDC Bookings in 2024, showcasing the surge in NDC adoption across airlines and TMCs.
Webinars
On-demand Webinar – Airlink’s Journey To Modern Retailing Begins With FLX Select
Discover how FLX Select empowers airlines to deliver tailored, customer-centric experiences and hear firsthand insights from Rodger Foster, CEO of Airlink, in our on-demand webinar.
Press Releases
Accelya reports significant year-over-year increase in NDC bookings during Black Friday period
A surge in corporate travel bookings signals robust demand for NDC as Accelya reports significant year-on-year growth in NDC transactions.
FLX ONE Merchandising
Powering 31 Billion Offers Daily with Open, Modular Solutions Driven by Advanced Analytics and AI for Smarter, More Profitable Airline Retailing.
FLX ONE Shop and Price
Next-gen airline shopping and pricing for the fast-paced, omni-channel world of digital commerce and NDC.
FLX ONE Revenue Management
Next-gen airline revenue management enabling airlines to identify sales opportunities, maximize passenger revenues, closely control pricing, and analyze performance.
Accelya is committed to delivering outstanding customer service, recognizing that customer satisfaction is crucial for sustained success.
FLX Dynamic Pricing enables optimized flights and ancillaries to be implemented in both the indirect and direct channels.
FLX Dynamic Pricing uses a range of different input to optimize the offer including willingness to pay data, flight performance data, customer 306 information and ancillary business rules.
Customer Choice Model is an analytical model that identifies the likelihood of each passenger buying a flight among a collection of alternatives.
Creating customer segments takes into account many different elements such as past purchase, O&D, number of travelers, and much more. At Accelya we would workshop the data and process of creating customer segments that are relevant to your airline.
Fill out the form to request a personalized consultation and learn how Accelya’s innovative solutions can elevate your airline revenue management and operational efficiency.
Request a Consultation