Air Montenegro introduces AI solutions to boost competitiveness

NEWS FLASH

Air Montenegro has partnered with ReteGain, a global provider of AI-powered solutions to enhance its pricing agility and competitiveness. The airline will utilise the company’s AI-powered airfare pricing intelligence platform for gaining real-time competitive insights. The partnership with AirGain will equip the airline’s revenue management and pricing teams with real-time competitive fare insights. These insights will enable faster decision-making, enabling the airline to react to market changes swiftly while ensuring optimal pricing strategies to protect yield and improve load factors. Air Montenegro will gain access to real-time competitor pricing data from both direct airline websites and indirect channels like OTAs and GDSs. The solution enables airline pricing teams to track route-level trends, spot anomalies, benchmark fare positions and proactively respond to competitor moves.

Air Montenegro’s CEO, Vukadin Stojanović, said, “For an airline like ours that’s expanding and serving competitive European markets, staying ahead of pricing shifts is essential. This partnership with AirGain allows us to move from reactive to proactive pricing strategies, empowering our teams with reliable data and actionable insights that directly impact our commercial performance”. Vinay Varma, Senior Vice President and General Manager at AirGain, added, “We’re proud to support Air Montenegro as they strengthen their position in the Balkan and Central European aviation markets. They are among the first in the region to adopt our AI-powered platform, VUE. Airlines in this region operate in some of the most complex fare environments in Europe, and conventional systems often fall short in addressing the dynamic nature of today’s fare environments. With VUE, Air Montenegro’s revenue team now has access to real-time, travel-specific intelligence, powered by AI, that enables faster, sharper decision-making every day”.