JetBlue Extends Partnership with FLYR, Doubling Down on AI-Driven Travel Intelligence
08 Janeiro 2024 - 11:00AM
FLYR, the AI-powered technology platform for travel, announced
today that JetBlue (NASDAQ: JBLU) is extending its partnership with
FLYR. The commercial agreement has been extended to continue to
boost the airline’s revenue optimization capabilities using
decision intelligence powered by deep learning.
As the travel and aviation industry emerges from the shadow of
COVID-19, passenger numbers are skyrocketing past pre-pandemic
levels. For example, a midyear survey found that 59 percent of Gen
Z Americans wanted to travel more in 2023 than the year
before—placing particular emphasis on leisure trips. The continued
upward trend only emphasizes the need for AI-driven revenue
management tools that help navigate uncharted skies.
Utilizing cutting-edge deep learning technology, FLYR's
cloud-native decision intelligence platform, Flight Revenue
Management, offers automated, AI-powered revenue management
capabilities. Already in action at JetBlue, this system is proving
its effectiveness in maximizing opportunities across the business,
enabling quick, precise capacity plans and pricing adjustments.
JetBlue—currently the sixth largest
airline in the U.S.—is known for its industry-leading experience,
which allows every customer to have the most legroom in coach (a);
seatback entertainment at every seat; free, fast and unlimited
Fly-Fi broadband internet (b); complimentary, brand-name snacks and
drinks; and award-winning customer service. To meet growing demands
for travel, in 2023, JetBlue brought its award-winning experience
to new destinations with nonstop daily service to London, Paris and
Amsterdam and continued to expand service to Latin America and the
Caribbean.
“We have a strong track record of challenging industry norms and
reshaping established processes,” said Dave Clark, Head of Revenue
and Planning at JetBlue. “Our partnership with FLYR and commitment
to its AI-driven software allows us to continue to offer our
customers a low fare and great service.”
“We’re thrilled to see JetBlue’s continued pursuit of
modernizing their revenue management system with FLYR,” said Alex
Mans, Co-founder & CEO, FLYR. “Our platform allows analysts to
find revenue opportunities faster than ever before by leveraging
network-wide context. Those smart decisions can positively impact
other critical commercial teams, enabling us to better meet
traveler demand for capacity and price.”
According to a recent survey from FLYR and Skift, 90 percent of
aviation, hospitality, and transportation decision-makers said that
AI would be a key enabler for their operations over the next 5
years but only 59 percent say they have already implemented AI
tools. FLYR’s platform allows aviation, cargo, and hospitality
companies to face the ever-changing travel landscape with
confidence and precision, using data-driven intelligence and
accurate forecasts to weather changing trends, surges and
disruptions for years to come.
About JetBlue JetBlue is New York's Hometown
Airline®, and a leading carrier in Boston, Fort
Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue
carries customers to more than 100 destinations throughout the
United States, Latin America, Caribbean, Canada, and Europe. For
more information and the best fares, visit jetblue.com.
About FLYR FLYR is a technology company that is
purpose-built for the travel industry. Leveraging deep learning, an
advanced form of AI, FLYR is helping airlines, cargo, and
hospitality businesses around the globe elevate their results. With
FLYR, businesses are able to improve revenue performance and
modernize the e-commerce experience through accurate forecasting,
automation, and analytics. Learn more at flyr.com.
Media Contact:
Christie Engelbrechtmedia@flyr.com
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