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Synopsis
FLYR Labs, a provider of revenue operating system for airlines, completed the acquisition of Pribas, a software solutions provider. Financial terms were not disclosed. “For over a decade, airlines have aspired to become travel retailers. This transformation requires new operating models and the ability to navigate and harness a torrent of real-time data. By joining FLYR, we can directly distribute FLYR’s bucket-less and real-time optimized fares and ancillaries through all channels that our platform provides. FLYR’s system was built for the future that is not bound by legacy Reservation Booking Designators (RBDs), order definitions, or customer records. Together, we can put the revenue-optimal price and products in front of each customer, wherever they are shopping," Arnulf Pribas, Pribas Founder and CEO.
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