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Cyprus Airways Cyprus Airways

Cyprus Airways Chooses FLYR to Deploy AI-Based Revenue Management Solution

FLYR Labs, the travel industry’s leading innovator in decision intelligence and end-to-end revenue optimisation, and Cyprus Airways, the flag carrier of Cyprus, recently announced a strategic agreement to implement FLYR’s revenue management and data platform, leveraging Artificial Intelligence (AI) technologies to enable Cyprus Airways’ total revenue optimization and forecasting capabilities.

Using FLYR’s AI-based solution, which feeds all available historical, competitive, and ongoing data into deep learning algorithms to determine the optimal pricing strategy, Cyprus Airways will be able to dynamically optimize revenue 24/7, all with an eye on what’s happening in the market in order to generate the most competitive and confident positioning for its guests.

Simultaneously, powerful decision intelligence across commercial functions will help Cyprus Airways improve productivity. To meet customer demand for flexible ancillary offerings, Cyprus Airways will use FLYR’s ancillary revenue management suite to generate and forecast optimal, dynamic selling points for a la carte products such as seat selection, luggage, and fare families doing so at all customer touchpoints.