LOT Polish Airlines Forms a Strategic Alliance With FLYR Labs to Amplify Commercial-Wide Performance
Partnership with FLYR will help further LOT’s innovations and optimize performance across commercial functions
Los Angeles and Warsaw, PL, October 5, 2022: Poland’s flag carrier LOT Polish Airlines (LOT) is partnering with FLYR Labs, the pioneer of The Revenue Operating System®, to support the airline’s commercial optimization efforts by accessing and leveraging the value of its data, helping to overcome many of today’s industry constraints.
Through their partnership, LOT and FLYR will deploy FLYR’s AI-based platform for LOT’s commercial technology operations. Together, the companies will identify key benefits of the solution across LOT’s commercial operations, either through existing platform capabilities or by co-creating new features and applications. The companies aim to enable departmental collaboration, linking together and addressing optimization opportunities across ancillary revenue management, digital marketing, offer management, and e-commerce, powered by FLYR’s vertically integrated platform.
With its acquisitions of Pribas to enable advanced distribution and fulfillment, and direct distribution and retailing solution Newshore in quick succession, FLYR is providing airlines with a modernized end-to-end technology stack that enables dynamic and autonomous pricing, combined with personalized and frictionless shopping experiences.
This partnership follows several of FLYR’s recent announcements towards working with other best-in-class airlines embracing a modernized end-to-end technology stack that meets the needs of an ever-changing business environment. In addition, FLYR’s expanded office presence in Krakow and Amsterdam provides on-the-ground support for LOT as it does for other EMEA customers, expediting progress towards innovation.
Tomasz Penczek, Managing Director of the Revenue Division at LOT says: “We’re always looking for the best solutions to equip our teams with, in tandem with our commitment to customers and maintaining sustainable practices. We appreciate the approach that FLYR has towards understanding our needs and we believe that as we move forward utilizing the power of AI with FLYR, our teams can stay on the cusp of industry change and adapt to market volatility. Collaborating not only strengthens our market position as technical leaders but also further reflects our dedication to new ideas.”
LOT remains one of the world’s oldest operational airlines, complemented by one of the youngest and most technologically advanced fleets in the world. LOT is also one of the largest operators in Europe, flying more than 9 million passengers a year across 120+ destinations within Europe, Asia, and North America.
FLYR’s cloud-native decision intelligence platform, The Revenue Operating System, leverages deep learning technology to provide automated, AI-based revenue management capabilities that maximize business-wide profitability and operational efficiencies. Unlocking the full potential of LOT’s existing data, The Revenue Operating System will enable airline analysts to maximize outcomes in regard to pricing and commercial decisions.
Matt Brown, VP of Growth at FLYR, says: “FLYR looks forward to collaborating closely with LOT. In an increasingly competitive market, we will act as a partner to commercial teams and decision-makers at LOT, with added support from our Krakow crew. By contextualizing each piece of data into one easy-to-navigate interface, The Revenue Operating System will anticipate the path to optimal commercial outcomes and drive significant growth.”
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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 highest potential. Its cloud-native 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 California with offices in Los Angeles, San Francisco, Dallas, Krakow, and Amsterdam.
About LOT Polish Airlines
LOT offers comfortable and safe travels on board one of the world’s youngest and most technologically advanced fleets. As a leading carrier for Central and Eastern Europe, its expanded flight network allows it to reach the most distant corners of the world, connecting Warsaw with airports in Europe, North America, and Asia. LOT is one of the 12 oldest airlines in the world, as well as one of the IATA founding airlines. With a fleet of 75 aircraft, LOT carried nearly 10 million passengers in 2019. LOT has been a member of Star Alliance since 2003 and has flown its distinctive crane emblem since 1931.