Amadeus | March 01, 2021
Amadeus and Microsoft today report a worldwide key association that will tackle cloud innovation to improve and investigate new items and arrangements and make smoother travel encounters later on.
The organization will consolidate Microsoft trusted, secure cloud stages and industry-driving joint effort and endeavor advancements with Amadeus' demonstrated skill and development in movement innovation.
Groups from both Microsoft and Amadeus will team up to empower quicker conveyance of new cloud-based arrangements, prompting more consistent travel encounters, for instance in the aircrafts and neighborliness organizations. The two organizations will use the full estimation of Azure and Microsoft's answers (Microsoft Teams, Microsoft 365, Dynamics 365 and Microsoft Power Platform) to convey all the more remarkable and modern end-client encounters and make custom arrangements customized to the exact necessities of the movement business. Starting endeavors are required to zero in on building up more integrated business travel travels and empowering nearer coordinated effort between travel and wellbeing specialists.
“Advances in digital technology are rapidly redefining every aspect of work and life, including how we travel,” said Satya Nadella, CEO, Microsoft. “Together with Amadeus, we will apply the power of Azure and its AI capabilities to create new frictionless experiences for travelers worldwide and reimagine the travel industry going forward.”
Sabre Corporation | December 21, 2021
Sabre Corporation (NASDAQ: SABR) announced that Air Serbia successfully implemented Sabre's Dynamic Availability software, which will help the airline to actively respond to evolving conditions with optimized pricing information.
Leveraging shopping data as well as information on traveler behavior and other key factors from Sabre's marketplace and other sources, Dynamic Availability applies machine-learning models to generate recommendations that help drive incremental revenue opportunities. The tool allows airlines to optimize their offerings by quickly and precisely responding to changing market dynamics with recommendations based on real-time marketplace data.
"Pricing is one of the most complex issues in the aviation industry – even more so since the onset of the pandemic,Successful pricing is an important aspect of sophisticated retailing, and airlines like Air Serbia need the right information to help maximize revenue. Beyond unlocking incremental revenue potential, our Dynamic Availably solution reduces the time spent on manual calculations, increases analyst efficiency and allows our customers to focus on delivering a superior traveler experience."
-Dino Gelmetti, Vice President EMEA, Sabre Travel Solutions
To further enhance its offering agility and precision, Air Serbia is actively collaborating with Sabre to advance airline revenue management through this period of recovery. As part of this discussion, the airline is exploring opportunities to partner with Sabre on its recently launched Sabre Price IQ product. Considering traveler segment and trip intent from the shopping request combined with artificial intelligence and machine learning, Air Price IQ supports airlines in their efforts maximize revenue opportunities while providing a seamless experience to its travelers.
"As we embark on a period of ambitious recovery and growth, building cutting-edge technology using real-time data, artificial intelligence and machine learning will be key to our success,We are excited to partner with Sabre on these intelligent software solutions that will redefine our fare pricing and passenger experience."
-Jiri Marek, General Manager Commercial and Strategy at Air Serbia.
Air Price IQ is part of Sabre's Retail Intelligence suite. Powered by Sabre Travel AI™ – an innovative capability that integrates Sabre technology with state-of-the-art AI technology and advanced machine-learning services – the new technology will allow airlines to dynamically provide offers to travelers based on preferences, marketplace insights and purchase probability, creating a more personalized and better traveler experience.
About Sabre Corporation
Sabre Corporation is the leading technology provider to the global travel industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre also operates a leading global travel marketplace, which processes more than US$120 billion of global travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.
About Air Serbia
Air Serbia was launched under that name in October 2013 as the national airline of the Republic of Serbia. From three airports in Serbia (Belgrade, Niš, Kraljevo) it flies to destinations in Europe, the Middle East, North America and Africa, in passenger and cargo traffic. The airline also offers long-haul and international destinations in Asia, Australia, North America and Africa via its codeshare partners. Air Serbia's fleet includes one wide-body, 10 narrow-body and 5 turboprop aircraft. Find more information about the activities of the Serbian national airline at Air Serbia Media Centre.
Uplift | January 13, 2021
Uplift has finished another credit line of $68 million for its travel payments service.
Financing for the purchase currently pay-later brand was given by Atalaya Capital Management.
Travel is as of now returning, as per California-based Uplift, with the organization anticipating fast development amid pent-up demand for booking travel for the summer and autumn.
Uplift has now brought about $695 million up in value and obligation including a $250 million credit line in December 2019, which came ahead top of $123 million in subsidizing in January of the very year.
Uplift affirmed the new financing on LinkedIn and in a Crunchbase meet, with Brian Barth, CEO of Uplift saying the organization intends to move past travel in 2020.
Uplift hopes to surpass $1 billion in exchanges throughout the next 18 months.
Different organizations offering a comparative assistance including Fly Now Pay Later are likewise foreseeing the pent-up demand.
The London-based organization landed $47 million in Series A financing in May and is getting ready for a $135 million subsidizing bundle in the second half of 2021 as indicated by Jasper Dykes, its chief executive.
He adds that the Uplift credit line shows the proceeded with obligation to the area and says Fly Now Pay Later, which as of late launched its buyer beta in the U.S., has seen "ferocious appetite for the product."