FarePlace
fareplace.comEnabling airlines to unlock new revenue streams through AI-powered retail.
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About
FarePlace is an AI-powered platform that helps airlines unlock new revenue streams by taking control of retail and offering dynamic, personalized products to passengers. It integrates seamlessly with existing airline systems (PSS, RM, ecommerce) without requiring core system overhauls, enabling modular applications like real-time bidding, balance booster offers, and private fares. Airlines can deploy new commercial strategies in weeks using a one-time installation of the Application Hub.
Problem
Airlines struggle to maximize revenue and offer personalized products due to legacy system constraints and lack of real-time retail control.
For
Airlines (international and regional) seeking to increase ancillary revenue and modernize retail operations
How it works
FarePlace installs a unified AI-powered Application Hub that connects existing airline systems and deploys modular revenue-optimization apps enabling dynamic pricing, personalized offers, and real-time bidding without replacing legacy infrastructure.
Business model
unknown
Status
launched
Company
FarePlace