Airline to collaborate in developing new software solutions leveraging FLYR’s Cirrus Revenue Operating System™
World Aviation Festival, London, Dec 1, 2021 – Air New Zealand and FLYR Labs are today announcing a strategic alliance to collaboratively develop advanced AI-based applications that utilize the Cirrus™ software platform.
The alliance marks an expansion of the affiliation between Air New Zealand and FLYR Labs which began in 2020. Under the agreement, the two companies will leverage the Cirrus software platform to develop complementary AI-powered products that enhance and optimize other aspects of the airline’s commercial operations.
The collaboration will see a team of FLYR Labs data science, software development, and other employees co-locate out of Air New Zealand’s headquarters in Auckland in the new year.
Michael Williams, Air New Zealand Group’s General Manager for Commercial, Strategy and Alliances says the airline has been working hard throughout the pandemic to build back better, including a continued focus on digitizing the business for both employees and customers.
“The Cirrus software platform has been key in optimizing our capacity and schedule planning, providing efficiencies for both our team and our customers. The next stage on our journey is looking to how we can use the software to further enhance our digital capabilities across the business.”
“This alliance is also incredibly exciting for our people, who will have the opportunity to develop and implement software that’s leading the way in innovation in the aviation industry.”
Alex Mans, founder and CEO of FLYR Labs says: “FLYR Labs has worked alongside Air New Zealand to demonstrate how our Cirrus platform can improve passenger load forecasting and, by so doing, optimize revenue outcomes. It is very gratifying to announce that we have formalized the relationship with Air New Zealand and intend to work alongside their team to partner on the creation of additional solutions.”
FLYR Labs’ proposition is simple: current legacy systems fail to provide the insights and automation needed to adapt to the modern challenges that transportation leaders face. FLYR’s approach leverages advanced AI that captures and contextually analyzes massive amounts of data, enabling airlines to more accurately forecast demand and automatically set revenue-optimal fares. Beyond revenue management, FLYR’s Cirrus software platform enables improved performance across commercial functions, clarifying operation decisions that touch marketing, scheduling and planning, executive leadership, and air cargo.
FLYR Labs recently completed a $150m Series C funding round led by Laurence Tosi’s WestCap, Jeffrey Katzenberg’s WndrCo, Silver Lake, Peter Thiel, and others. Prior to this, FLYR Labs acquired Faredirect to expand its ancillary offerings, such as personalized seat, meal, and baggage offerings, and xCheck for its marketing technology tools that expand fare visibility across channels and drives demand.
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About FLYR Labs
FLYR Labs, the pioneer of The Revenue Operating System™, is focused on the relentless application of advanced and intuitive technologies that help transportation leaders unlock their ultimate potential. Its cloud-based software solution leverages deep learning technology, a cutting-edge form of AI, to provide ultra-accurate forecasting and actionable insights within one comprehensive user interface. With FLYR, travel and transportation companies can exponentially improve revenue performance, unify decisions across commercial teams, and build a more efficient experience for their customers.
FLYR Labs is headquartered in Santa Monica with offices in San Francisco, Dallas, Krakow, and Amsterdam.
About Air New Zealand
Air New Zealand is a world-class airline, focused on connecting New Zealanders to each other and New Zealand to the world. Our domestic network is unmatched, offering services to 20 main centres and regions across New Zealand. Internationally, our strategic focus and competitive advantage lies within the Pacific Rim, and our alliance-driven network underpins this.
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