Sunday 13 October 2024
 
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Riyadh Air ... industry-first technology to transform airline retailing

Riyadh Air picks SabreMosaic to power GenNext retailing

RIYADH, 3 days ago

Leading Saudi carrier Riyadh Air has entered into a strategic partnership with Sabre Corporation, a global leader in software and technology powering the travel industry, to create industry-first technologies to fuel the future of airline retailing.

Under the partnership, the airline will adopt the comprehensive SabreMosaic Offer Optimisation technology, which will provide the intelligence to enable the airline goal to be the first carrier to operate on offer- and order-based technology across the entire retail spectrum from its first day of operations in 2025.

With a bold vision to create personalised offers across a broad range of customer touchpoints, Sabre and Riyadh Air are co-innovating in the realm of offer optimisation to create industry-first technologies to revolutionise airline retailing.

Powered by Sabre Travel AITM and utilising Google’s Artificial Intelligence (AI) and Machine Learning (ML) toolkit, this innovative approach enhances offer construction with smart customer segmentation and intelligent bundling – enabling Riyadh Air to unlock value and benefits from effective offer optimization capabilities.

As it begins operations in a highly competitive regional environment, Riyadh Air will deploy SabreMosaic Air Price IQ, Ancillary IQ, Bundle IQ, and Upgrade IQ to generate and manage dynamic offers.

Riyadh Air will also deploy SabreMosaic Continuous Revenue Optimizer for true continuous pricing, making it the first airline in the world to operate without traditional fare filing and booking classes in the direct channel.

This revolutionary technology enables Riyadh Air to offer diverse and customised travel options, delivering tailored experiences to customers while optimising revenue.

“We are excited to partner with Riyadh Air as they become the first airline to operate entirely on offer- and order-based technology,” said Darren Rickey, Senior Vice President, Global Airline Sales and Account Management, Sabre Travel Solutions.

“Riyadh Air’s forward-thinking approach and vision to be a digital-first airline align seamlessly with Sabre’s commitment to leading the transformation of airline retailing. This partnership highlights our shared dedication to innovation as the industry moves towards a fully offer- and order-driven future.”

Recognising the need for a highly scalable and flexible retailing strategy, Riyadh Air chose Sabre due to its proven track record and ability to deliver modular technology within a broad and diverse IT ecosystem.

“Partnering with Sabre has been instrumental in bringing our vision to life,” said Vincent Coste, Chief Commercial Officer, Riyadh Air.

“This collaboration ensures we are equipped to meet the evolving needs of our customers and to deliver a truly differentiated experience. Sabre’s intelligent solutions act as the catalyst for our offer and order platform, and we are excited to continue working together to achieve our ambitious goals.” – TradeArabia News Service

 




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