Biztribution provides a blockchain-based solution that enables airlines to deliver real-time availability, accurate fares, and personalized pricing directly to customers without relying on their existing PSS systems. This technology allows airlines to enhance customer experience, reduce operational costs, and focus on booking and payment processes by offloading look-to-book transactions.
Funding
$302.9K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Airlines often rely on legacy Passenger Service Systems (PSS) for distributing availability, fares, and pricing, which can be slow, costly, and limit their ability to offer personalized pricing in real-time. These systems can struggle to handle the volume of look-to-book transactions, impacting performance and customer experience.
Solution
Biztribution offers a solution that enables airlines to deliver real-time availability, accurate fares, and personalized pricing directly to customers, bypassing the limitations of traditional PSS systems. By leveraging airline-owned data such as SSIM schedules, seat availabilities, and business logic rules, the platform provides fast and accurate responses to customer inquiries. This allows airlines to focus on booking and payment processes, reduce operational costs associated with look-to-book transactions, and enhance the overall customer experience with personalized offers. The system supports various functionalities, including flight schedules, origin and destination searches, routing options, and the calculation of taxes, fees, and charges.
Target Audience
The primary target audience includes airlines looking to improve their retailing efficiency, reduce costs associated with PSS look-to-book transactions, and enhance customer experience through real-time, personalized pricing.
Features
- Real-time availability responses without loading the PSS.
- Accurate fares data delivery.
- Flight schedules based on IATA's SSIM specification.
- Origin and destination search functionality with metropolitan area code support.
- Routing capabilities, including a route finder for interline flights.
- Personalized pricing engine with flexible business rules and integration with external systems like Revenue Management.
- Calculation of taxes, fees, and charges based on ATPCO records.