FLYR Awarded for Its Advanced RM System
FLYR Labs applauded by Frost & Sullivan for maximizing revenue-generating operations and improving forecast accuracy with its Revenue Operating System™.
The airline revenue management system empowers airlines with greater insight into the future, assisting them to optimize revenue generation and airline operations.
We’re excited to announce a major milestone for FLYR Labs: $150 million in Series C funding. This new capital serves as an accelerant to equip our customers with much-needed technology to address their needs.
Combining ancillary RM with our existing flight RM solution to more accurately forecast demand and automatically set revenue-optimal fares.
Know your worth and validate proven RM models prior to deployment, reducing the risk of impact to your business.
It’s rare for young travel startups to draw luminary investors early on. Yet FLYR Labs … revealed it had closed a $150 million equity financing round led by WestCap Group and supported by several high-profile backers.
Airlines have a relatively straightforward goal — getting people in seats — but they’ve traditionally relied on inefficient and outdated statistical modeling methods to predict what prices and other conditions will sell tickets. Enter FLYR Labs.
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This funding will be used to expand the company’s product offerings, scale delivery capacity, support strategic acquisitions, and develop world-class customer teams to meet growing demand.
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