A B2B travel technology platform enabling airlines and travel sellers to offer data-driven, flexible booking options, creating new ancillary revenue streams and enhancing customer choice on non-refundable fares.
Flyte provides a specialized software platform for the travel industry, specifically targeting airlines and online travel agencies (OTAs). Its core function is to empower these businesses to offer their customers flexible booking options, such as the ability to cancel or change flights for a fee, even on typically non-refundable tickets. This is achieved through a proprietary data-driven engine that calculates the risk and price for these ancillary products in real-time. By integrating Flyte's API, travel providers can unlock significant new revenue streams from these flexibility products while simultaneously giving travelers more confidence and peace of mind during the booking process. The unique value proposition lies in transforming traditional refund and change policies from a potential cost center into a profitable, customer-centric feature.
Airlines, online travel agencies (OTAs), and other large-scale travel sellers looking to create new ancillary revenue by offering proprietary trip flexibility and cancellation products to their customers.
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2020
Austin, USA
Enterprise
Custom-quoted plans based on transaction volume, integration complexity, and specific partner needs. The model is typically a revenue-sharing agreement where Flyte earns a percentage of the new ancillary revenue generated.
Custom
Airlines might choose to build their own solution for complete control, but this requires significant R&D investment and expertise that Flyte provides out-of-the-box.
Hopper Cloud offers a broad suite of B2B travel fintech products, whereas Flyte focuses specifically on being an independent, specialized platform for partner-branded flexibility guarantees.
Gordian focuses broadly on enabling the sale of any airline ancillary on any channel, while Flyte is specialized in creating and pricing new trip protection and flexibility products.
Traditional insurance is a separate, regulated product from a third party, whereas Flyte enables airlines to offer their own first-party flexibility guarantee directly within the booking path.
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