Wednesday, August 21, 2024 Thai Airways partners with RateGain in a multi-year deal to enhance pricing strategies, leveraging AI-powered technology for global competitiveness and growth. RateGain Travel Technologies Limited (RateGain), a prominent provider of AI-driven SaaS solutions for the travel and hospitality sectors, recently announced a significant collaboration with Thai International Public Company Limited (Thai Airways). Thai Airways, the national carrier of Thailand and a member of the prestigious Star Alliance network, has chosen RateGain’s AirGain platform for a multi-year alliance aimed at revolutionizing its pricing strategies over its extensive network of domestic and international flights, leveraging its Star Alliance connections.
Established in 1960, Thai Airways has been a key player in the aviation industry, renowned for its high standards in service, timeliness, and safety, and consistently ranked among the world’s top airlines. Operating from its main hub at Suvarnabhumi Airport in Bangkok, the airline offers a broad spectrum of global destinations. Its membership in the Star Alliance enhances its global connectivity, offering passengers comprehensive travel solutions and benefits across the world.
In the initial quarter of 2024, Thai Airways and its subsidiaries reported a total revenue of 45,955 million baht, marking an increase of 10.7% from 41,507 million baht during the same timeframe the previous year. This surge in revenue was largely attribut.