2. 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.
3. 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.
4. • 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.
5. • 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.
6. 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.
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.
7. 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.
8. 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
9. 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.
10. 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.
11. • FlightsLogic believes that the process of Airline Inventory Management should be seamless and that the
Airline Hosting System should be from a reputable hosting provider. The Reservation Management must be
such that the travel operator can check out the bookings quickly.
• 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.
12. 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
13. Contact Us
• For more information, please visit our website:
https://www.flightslogic.com/flight-inventory-management.php