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Reza Moghadam is watching this 1 year ago
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Rohit Tomar shared this idea 4 years ago

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Bring the demand to supply - Airlines

a startup idea shared by Rohit Tomar on 06/13/2015

Problem - For an airline, estimating the last minute seat sale is the most tedious task and is currently being done with the help of advanced revenue management software. Based on the sale curve, the airline releases the higher buckets as the time to fly nears. The problem lies when the price is not suitable for sale and they end up losing revenue and flying empty seats. Solution - Develop a demand aggregator, its an app and website where people can go and provide their prospective dates of travel and the price range that they are ready for pay for that flight, the data will be constantly fed to the airline to provide them a more concise demand. The expected fare that the person would like to pay, will be paid at the time of logging in his demand, if the demand is acceptable to the airline the airline would release the seat to him and if not the money will be returned back to the person.

airline

Travel and tourism

travel portal

travel website

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