Thursday, July 23, 2009

iXiGo.com generated INR 3 Billion revenues for domesetic airline industry

One of the most prominent travel meta-search player iXiGo generated direct airline sales of INR 300 crores and helped airlines to save distribution costs up to INR 15 crores. In addition to this, as bookings were made on airline's own website, iXiGo has also enabled airline partners generate ancillary revenues of almost INR 5 crores.

According to Mr. Aloke Bajpai, Founder and CEO of iXiGo.com, "Distribution costs form the third biggest expense item on the P&Ls of airlines in India after fuel & personnel expenses. The data points we have aggregated suggest that the meta-search model's growth in India is reducing distribution costs through efficient online customer acquisition, at a fraction of existing distribution channels, and is helping accelerate ancillary revenue generation"

iXiGo provides unbiased results for the search query and enables the user to compare the results. It also saves commission and booking fees for travelers as they remove middleman from the channel by routing the bookings directly to the airline website.

With entry of more meta-search players, distribution space in the online travel industry has become more competitive.

Source: Business Wire India (http://www.businesswireindia.com/PressRelease.asp?b2mid=19574)

16 comments:

  1. India is one of the best tourist destination in the world top 5 tourism destinations. India has a rich culture and natural destinations. Most of the peoples in the world want to Tours to India to see the Taj Mahala in India.

    ReplyDelete
  2. Dazzling city of Perth is an integral part of Australia. Incredible beaches, blend of modern skyscrapers and historical buildings, and museums making you aware of the art and culture of the city are few attractions of Perth. Take cheap Cheap Flights to Perth to enjoy vacation of your life.

    ReplyDelete
  3. This comment has been removed by the author.

    ReplyDelete
  4. Welcome to Pune Escorts in Pune Escort we Providing Only hi-profile Escorts in Pune pune escorts,pune escort,escorts in pune,pune female escorts,escort in pune,pune escort service,escorts pune,escort service in pune,escort pune,pune independent escorts. Pune Escorts | Escorts In Pune

    ReplyDelete
  5. Thanks for sharing the post! Really such a nice information shared here with awesome stuff Flight Reservation Software

    ReplyDelete
  6. Interesting topic and really nice information. It’s a very useful article and helpful for all people. I hope that many people will really like this information.Flight Reservation Software

    ReplyDelete
  7. Hi, good post for travel portal development..its very useful post to all travel agents who wants to earn money through travel business..keep sharing like this posts Flight Reservation Software

    ReplyDelete
  8. Thank you this is very nice blog and very informatics information
    Groobers

    ReplyDelete
  9. this is really nice and effective blog, i found lots of information in this blog and sites for commenting is best. Hotel booking agent in delhi

    ReplyDelete
  10. ttp://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist.php

    http://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist-in-delhi.php

    http://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist-in-punjab.php

    http://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist-in-chandigarh.php

    http://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist-in-rajasthan.php

    http://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist-in-pune.php

    http://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist-in-mumbai.php

    http://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist-in-kolkata.php

    http://www.no1vashikaranspecialistbabaji.com/vashikaran-specialist-in-hyderabad.php

    ReplyDelete