Flight Inventory Management

 

 

What is Flight Inventory Management?

 

Flight Inventory Management is an innovative system for organizing and delivering flight supplies across multiple sales channels. It includes tools for automating distribution and pricing changes based on market demand. Air aggregators and charter resellers can use the online portal, agent dashboard, and XML web services to centrally manage and market pre-purchased flight inventory. 

• Flight inventory management and distribution

• Yield management with price volatility dependent on market demand

• Consolidator may handle pre-purchased flight inventory (or PNRs)

• Flight inventory from many airlines and sectors

• Manages various inventory sheets (fare sheets)

• It is simple to integrate with any existing booking system.

• Control taxes and fare conditions

• Inventory management in real time

• Manage the inventory release period.

 

Why Flight Inventory Management System Is Necessary?

 

As the tourism industry becomes more competitive, travel agencies can book airfares and select departure/arrival locations and times, allowing them to provide lower prices and better services to their clients.

Travel agencies may use the Flight Inventory Management Module to specify charter flight seat inventory and distribute it in multiple online sales channels with whole online sale procedures independently or as part of tour packages.

A flight inventory system's primary goal is to control the availability of seats in various cabins and to manage fare groups or buckets. Flight schedules, inventory levels, fare pricing, service fees, ancillary sales, user management, and much more are all monitored and controlled in real-time using state-of-the-art interfaces.

Inventory management systems help track inventory levels, orders, sales, and reservations. It is also used in numerous organizations to create orders, bills of bookings, and other customer-related documents.

A flight reservation system is a comprehensive airline reservation software solution that integrates GDS/Flight XML services into a travel agent's travel portal. Businesses may instantaneously access all flight data and capabilities online, reducing operational expenses, development time, and maintenance time.

Furthermore, this airline reservation system enables the booking of flights in conjunction with other travel services such as hotels, excursions, activities, dynamic packages, and transfers to improve customer experience, boost online reservations, and increase profitability.

The flight inventory management system is a platform for managing various flight inventories through a single channel. The most fundamental aspect of an inventory management system is inventory control, which keeps track of available seats. Furthermore, the inventory control function must compute seat pricing based on the rates and booking criteria maintained in the Fare Quote system.

Travel and tour companies are looking for ways to improve the customer experience, minimize overall effort, and boost overall revenue. And there is no better way to do all this than by utilizing flight inventory management systems.

An airline inventory management system will offer you real-time data on flight availability, seat pricing, and so on. A system based on an economic-based algorithm is necessary to give consistent results for customer booking requests and search inquiries. It also reduces the need for humans to update or verify available seats after each booking or cancellation action because it does it automatically.

With the help of a flight inventory operator, an agency can retrieve inventory data and make it available to end customers. Flight inventory built using cutting-edge technology will allow agencies to use revenue management strategies. They also provide sophisticated client identification tools and superior availability management capabilities. 

Travel agencies employ inventory systems to automate your control over listings, allotments, availability, and price for you and your partners. Online booking software enhances every part of the reservation process, from inventory management and dynamic pricing to customer support and sales.

We incorporate a centralized database design in the inventory management modules so that travel agents may search for real-time data, seating management, and accommodation.

 

Manage Your Airline Inventory And Operations All In One Platform.

 

 

FlightsLogic is a web-based system that integrates flight data - flight schedules, seat availability, flight pricing, and reservations from leading airlines. It delivers real-time inventory and rates for customers and travel agents to purchase flight tickets online via a global distribution system.

We offer an advanced Flight Booking System to travel agencies to optimize client travel procedures and increase business income. We design, develop, and implement bespoke Travel Reservation Software for travel agents, allowing them to manage reservations and inventory for flights, hotels, and cars in real time.

We have helped various startups, travel agents, tour operators, and travel agencies achieve the peak of the travel business. We provide the most robust flight API platform in the business, which decreases integration time by allowing access to worldwide inventory from numerous airline vendors and GDS. Their flight API provides access to domestic and international flight data, ticket prices, seat availability, and a payment mechanism.

FlightsLogic offers the best booking features, such as an easy-to-use design. We examine the prices engine, the statistics module of the internet booking engine, airline inventory management, hosting XML distribution interfaces, and many more. 

Our flight booking engine enables businesses to increase profits by delivering Third Party Flights API inventory directly to clients. Our expert team creates an Airline Booking Engine with a B2B and B2C model to allow travel agencies and companies to sell flight tickets to B2B/B2C consumers with real-time flight rates and availability. Our goal is to give you quick and easy online access to the products your clients require.

We incorporate a centralized database design in the inventory management modules so that travel agents may look for real-time data, seating management, and accommodation. Our air ticket booking system manages everything from flight booking through passenger boarding, offering a flying experience for the passenger and fulfilling the goal of every airline.

Our Flight Booking Engine Development will assist your business in increasing revenues by automating operations and reducing the time and effort necessary to complete an airline booking.

FlightsLogic API allows your organization to have access to leading GDS systems. Apart from that, we collect information from flight aggregators and low-cost carriers (LCCs). Our reservation system supports data exchange via GDS systems such as Galileo Reservation System, Amadeus Reservation System, or Sabre Reservation System. They consolidate global airline price and availability data and offer it via APIs/XMLs.

 

Using the Flight Inventory Management Module has the following advantages for flight charterers:

 

• Expand charter tickets sales channels

• Increase Accuracy in the defining and selling of charter ticket

• Saving Human Resource time

• Creating a competitive benefit on the website

 

How It Benefits Your Business

 

Devoted inventory system

 

This flight solution customizes the system for your airline's exclusive usage with no configuration restrictions or shared resources. In comparison to competitors, this gives your airline flexibility and endless capability. It provides the airline with a competitive advantage.

 

Security

 

Top-notch security for your data, operations, methods, and information, keeping the business safe and protected, therefore improving business travel.

 

Customer satisfaction

 

Our solution provides client satisfaction at all points of interaction and business. It guarantees that reserved flight tickets are upheld and that booking is quick and easy. It also increases the number of bookings sold, resulting in a higher profit for the firm.

 

Why Choose FlightsLogic?

 

 

FlightsLogic helps travel companies increase bookings and save costs by streamlining online booking, inventory management, package customization, back-office management, itinerary development, business leads, accounting, and other procedures. We deliver flexible reservations and inventory management solutions for Airlines including call centers, travel agencies, internet engines, the interline booking.

Our flight inventory management will give the most efficient methods for managing routes, rates per seat, and seat availability. Furthermore, it will enable direct access to airport and airline databases. We provide a flight booking engine with extensive inventory, ticketing, and customer management software.

It displays the most recent data available, eliminating the need to keep track of constantly changing information on those databases. Overall, we provide the most advanced flight inventory management system that is adaptable, quick, and accurate. 

We assist travel agencies and tour operators in consolidating data from all airlines. We build flight inventory management modules, including centralized database architecture for real-time data, flight scheduling and seating management, waitlist management, codeshare, and re-accommodation.

A ticket reservation system linked to GDS systems helps you in obtaining a large inventory. We also provide API interfaces that reduce total error rates. They will increase your agency's ticket booking and inventory management capabilities and enable customers to reserve tickets from multiple locations, thus improving the chances of conversion. 

The most significant impact of our software will be a decrease in the workload on tour and travel companies. We have been in the sector for many years and give the most up-to-date designs and development, upgraded and flexible bookings. Our expertise ensures that airline inventory management systems include updated features such as ticket management and booking preference setting.

Each reservation software developed by us gives a stable platform for airline management to assist travelers in obtaining flight tickets at the most affordable prices. We provide standard interfaces for reservation systems, including GDS systems. Our Airline Reservation Portal is linked with leading global GDS systems such as Amadeus, Travelport, and others.

• We manage inventory accurately and comprehensively manner.

• We enable you to build specialized and customized products and services from your inventory.

• We track reservations and allow your resellers to check the progress of an order, produce vouchers and invoices, and alter reservations.

• We track inventories and create sales data.

• We make it possible to distribute your products (tailor-made services, packages) to an unlimited number of resellers and distributors.

We work with B2B and B2C modules so that Travel Agents may make simple reservations and offer the best discounts to their consumers. We provide E-ticketing functionalities for the Airline Mobile Booking App. The software is available for both Android and iOS devices.

Flight inventory management is a specialized tool that automates the maintenance of various flight-related information such as available seats, price per seat, and so on. It is responsible for putting the most recent data on the worldwide distribution system and preserving inventory-related data on individual computer reservation systems (CRS) of airlines (GDS). A GDS is a system that allows you to access several flight inventories from various travel agents. 

The GDS is in charge of collecting data from several flight inventories and displaying it to end consumers via the website of a travel firm. We can integrate your website or travel portal with many GDS inventories to provide highly discounted prices. Using our tools, you can easily combine, distribute, and manage your inventory, bookings, and business operations.

 

Features of Flight Inventory & Reservation System Offers     

 

• Internet booking engine          

• Departure control system     

• Inventory management     

• Flight application     

• Loyalty program     

• MIS reports     

• Third-party integrations

• Mobile Check-In Facility     

• Kiosk Check

• Select the city and destination country from the database

• Round trip ticket definition (charter)

• Definition of exchange rates

• Allocation of credit to resellers and business partners

• Define the time and number of flights stops

• Determine seat inventory based on different seat classes

• Determine the purchase and sale price of tickets separately

• Specify cancellation rules

• Specify the luggage allowance