Published on Monday, March 26, 2012
Mystifly today announced the release of MyFareBox in the UK.
Mystifly is an anywhere to anywhere travel consolidation & aggregation company. MyFareBox is Mystifly’s unique B2B platform that offers access to lowest airfares to tour operators, travel agents, travel management companies and online travel agents.
MyFareBox is a dynamic multi-GDS and low cost carrier content aggregation platform that is designed to access airline inventory to make bookings from Anywhere-to-Anywhere around the clock. This means travel professionals in the UK can book air tickets for travel originating from not only within UK but any country in the world to anywhere at a price that is cheaper than any other published fares by upto 50%. Also they no longer have to depend on local suppliers from that country to access inventory. With MyFareBox they would now be able to search and book local, contracted and discounted fare in over 900 airlines from 50+ countries, all at one place.
MyFareBox offers these special fares across geographies as net fares and users can add their mark-ups while issuing tickets to their clients. In other words, procuring flight tickets at a much lower price and being able to adjust mark-ups based on their business objectives will allow travel organizations to stay competitive and profitable.
Norman Gage, Country Manager (UK & Ireland), states- "The product offers an unified global platform that fits well for travel organizations of all sizes. It dilutes the barrier of boundaries and opens up the entire world for TMC’s and tour operators to do business from."
The booking platform can access different fare types - IATA fares, Private/Consolidator airfares, Market based special airfares, Web airfares or any other airfares prevalent in a particular market.
Rajeev Kumar, CEO of Mystifly says - "We are happy to announce the launch of MyFareBox in the UK. We see an excellent opportunity to power large & midsized TMC’s and Tour Operators with anywhere to anywhere air content that makes them globally competitive."
MyFareBox is available in two variants - one is the agent version where users can directly log into the application over the internet. The other solution is called OnePoint Webservice, that allows MyFareBox content to be is integrated into the existing travel portal or any other sales channels of the travel organization.
Please visit www.mystifly.com for further information or contact us directly at [email protected], Call: +44 (0) 208 099 9155.
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.