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Deep Learning-Based Revenue Management with Cyprus Airways

FLYR announces a new commercial partnership with Cyprus Airways.

In today’s increasingly dynamic travel environment, where customer behavior is less predictable and revenue must be considered from all angles, technology is the key to maintaining a competitive advantage.

Airlines like Cyprus Airways, which embraces this need for innovation, are equipping their businesses to lead the charge toward smarter, more streamlined operations.

Today, Cyprus Airways announced that it is deploying FLYR’s Artificial Intelligence-based revenue intelligence and data platform to optimize revenue strategies across all flights and products, from fares to ancillary offerings.

We are proud to work with Cyprus Airways to implement The Revenue Operating System®, which uses deep learning technology that enables total revenue optimization across the entire flight lifecycle.

“This will allow Cyprus Airways to better predict customer demand and behaviors, allowing the airline to dynamically optimize revenue and maintain the most competitive position in the market.”

Cyprus Airways will also utilize FLYR’s ancillary revenue management capabilities to offer services such as seat selection and luggage purchases to customers based on their willingness to pay, in addition to fare family pricing that makes purchasing a bundle attractive to travelers. This will allow Cyprus Airways to offer the right product to the right customer at the right time, presented in the right channels.

We are pleased to partner with Cyprus Airways, which operates flights to Europe and the Middle East out of Larnaca International Airport with the goal of increasing travel to the island. Together we will help broaden the horizons for the people of Cyprus while boosting revenue for the airline.

Together with Cyprus Airways and our airline partners from around the world, we are revolutionizing the travel industry, using AI to unlock competitive advantages, boost profitability, and improve customer experiences.

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