Strategic Aviation
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This Atlanta Startup Will Help United Fly High Again - Hypepotamus
United plans a new way to handle overbooked flights - Bloomberg News
Volantio, an automation and optimization platform built specifically for the aviation industry, is now working with two of the top 5 (by revenue and passengers) U.S. airlines, along with the top Australian airline.
The platform allows passengers who have flexible plans to identify themselves well in advance of their travel date. If the flight they’ve booked ends up having excess demand, the platform lets the airline send those flexible passengers real-time offers (via a text message) to move to an alternate flight in exchange for a benefit. Rather than happening at the gate, the process can happen up to 5 days prior to departure, giving passengers plenty of time to plan for the change.
This week Volantio launches the pilot with United Airlines. The system, called Flex-Schedule, targets budget passengers and those traveling on a flexible schedule who are willing to switch their flights.
Volantio works on a SaaS model of monthly licensing. Last month the company also became one of a dozen chosen from over 500 applicants for the first class of the Qantas Airlines AVRO accelerator in Australia.
United plans a new way to handle overbooked flights - Bloomberg News
Several other airlines will sign on with Volantio in the coming months: Australia-based Tiger Airways will come online in August, followed by Alaska Air in September and Qantas by October.