Press Release
Putting New Capital to Work
Software pioneer of the Revenue Operating System™ accelerates growth to meet strong demand and expand its offerings.
TESTIMONIALS
See what our partners are saying
We build deep relationships with our airline partners to infuse new technology that harnesses the deep knowledge of their commercial teams.
Greg Foran
CEO Air New Zealand"FLYR is providing better forecasting, allowing us to actually reduce the price for our customers. You get the win for the customer, you get the win for us. I’m just absolutely thrilled!"
Boon Hwee Koh
Former Chairman, Singapore Airlines (2001-2005)“AI technology will dramatically improve revenue management and commercial outcomes. FLYR is best positioned to enable and lead this adoption of AI at airlines and transportation businesses.”
Laurence Vigeant-Langlois
Managing Director AE Industrial Partners“The FLYR methodology will benefit airlines for years to come. And, we believe other sectors can benefit from their methodology, using AI and big data, to generate highly accurate forecasts and make better business decisions.”
Carl Sparks
Managing Partner Interlock Partners & Board Member Avis Budget Group“FLYR's Revenue Operating System is forcing executives to rethink legacy revenue management practices. One simply cannot ignore the results they're achieving for travel and transportation businesses.”
Cirrus delivers
Key features
Cirrus can operate in leg, O&D, or hybrid mode to meet all types of airline networks.
True continuous pricing that directly determines the revenue-optimal selling price
Dynamic interface with hundreds of performance metrics and aggregation from a single flight to a complete network
Ultra-accurate forecasts of revenue and bookings for the entire sales period, updated continuously
Full compatibility with revenue controls including Bid Prices, Reference Fares, and AUs
Directing analyst attention to save time and increase confidence, enabling a focus on strategic revenue decisions
100% SaaS with implementation, maintenance, and continuous feature updates included with subscription
How CirrusTM works
USING ALL RELEVANT DATA
Data
Cirrus is built on top of a comprehensive data model — managed in a single tenant environment — that ensures rapid integration of all commercial data, no matter the source or format. With the ability to refresh data on a batch or continuous basis, Cirrus can re-optimize O&D networks as large as 3000 daily departures in under 30 minutes to create optimal price recommendations and revenue management controls.
Looking Ahead
Forecasting
Cirrus continuously identifies similarities across airports, routes, flights, departure times, competitor landscape, and more. Its neural network architecture provides an always-evolving understanding of the market, enabling highly accurate forecasts in data sparse or data noisy conditions such as COVID-19.
Cirrus slashes typical forecast error rate throughout the booking curve, providing trustworthy forecasts months before flight departure.
Revenue Maximization
Pricing
Cirrus determines the optimal selling price to maximize total revenue upon flight departure using Deep Learning. It operates on a continuous price point spectrum and defines an optimal price given the network's full context. Maintaining compatibility with existing RM infrastructure and controls, Cirrus can map its price recommendation to the most appropriate filed fare in a given class. Cirrus is equipped for ever-expanding airfare shopping and distribution technology by providing price points at the time of shopping — removing the reliance on filed fares and classes for inventory controls.
Intelligence & reporting
Cirrus users have 130+ performance metrics at their fingertips, including forecasted revenue and demand statistics, anticipated booking build curves, pricing strategies and booking class equivalence, and competitive insights. The intuitive dashboard as well as streamlined exploration tools help users instantly filter or combine information at any level of detail, resulting in powerful intelligence and reporting capabilities for analysts and the broader commercial team.
EXPLORE CIRRUS
Targeted influence
Cirrus proactively surfaces where analyst attention is needed and allows for quick and precise influences. Influences can be made through absolute, percentage, min/max, and competitor sensitivity adjustments. With new confidence in reporting, quality of forecasts, and RM decision support from Cirrus, analysts can spend more time making strategic decisions and support the broader commercial team.
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