Airlines Technology Plans to Capture Around 3 of the Travel Industry Volume by 2020
Summary
AT is headquartered in Gurgaon, having presence across India, Australia , USA and Switzerland, and intending to use the proceeds to set up offices in the UK, the US and the UAE in next three-five years. We did our thorough research of 2-3 months, spoke to few IATA (International Air Transport Association) officials , created prototypes and POC , shared with industry professionals and concluded “ We are doing it “. Monetization model The startup monetises by following steps: - We will charge per transaction aggregated between airlines and travel agent. We do attend lot of airlines distribution conferences to network and meet potential new clients and partners. Market size & opportunity Right now there are more than 400 global airlines booking more than 1.75 billion air tickets annually.