Flyr Labs, which sells software to airlines to help them set their fares in revenue-boosting ways, has bought Newshore, a Barcelona-based software business that helps airlines with selling.
The companies didn’t share the deal terms or price. They said the acquisition would help Flyr’s clients in a few ways, such as by helping carriers more accurately predict buying patterns and respond to disruptions.
“Newshore’s disruption management solution automatically manages and communicates remediations to customers – streamlining many previously inefficient manual processes,” said a spokesperson. The software tools sync with the most commonly used airline technology systems.
Newshore’s Internet booking engine, its tools for improving upselling, and other services, will also appeal to airline customers, the companies said.
Flyr is a San Francisco-based startup backed by JetBlue Airways’ corporate venture arm JetBlue Technology Ventures. It has disclosed raising more than $150 million in funding from multiple investors to date.See the press release for details.