Tag: Distribution

Air travel data market set to see huge growth by 2030

FareTrack
Air travel data market set to see huge growth

Air Travel data intelligence plays a vital role in optimizing operations, improving passenger experiences, and driving profitability in the air travel industry. In a recent market report, it was revealed that the aviation analytics market, focused on leveraging data-driven insights, has experienced significant growth. Research indicates that this market was valued at USD 2.5 billion in 2021 and is projected to reach USD 6.92 billion by 2030, with a compound annual growth rate (CAGR) of 12.3%. It is perhaps not surprising that this growth is so substantial. Airline Revenue Managers, Distribution teams, and Network Operations professionals are increasingly turning to data to help them make more profitable, more efficient, and better…

Exploring the Evolution of Airline Distribution: GDS and NDC

FareTrack
eBook

Discover the fascinating evolution of airline distribution through the lens of GDS and NDC technologies. Over the past few decades, technology has caused a significant transformation in the airline industry. Buying an airline ticket used to be a straightforward process that involved either visiting a travel agent or purchasing a ticket in-person at the airport. However, the adoption of Global Distribution Systems (GDS) and Online Travel Agencies (OTAs) has made airline distribution simpler, faster, and more cost-effective for both airlines and consumers. Recently, New Distribution Capability (NDC) technology has emerged,…