When Australia-based online travel agency Webjet acquired
TripNinja in November 2021, it was a lifeline for the Canada-based startup.
TripNinja had only come out of stealth mode in 2017, but the
onset of the pandemic in early 2020 quickly took a toll on interest in its multi-city
flight search technology.
By September 2021, founder and CEO Andres Collart told
PhocusWire he was taking steps to shut down. When Webjet
learned of those plans, it stepped up to buy the company as a way to expedite
its ability to offer complex, multi-city itineraries to its customers without having
to build the technology from scratch.
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And the partnership is paying off.
In an interview in the PhocusWire studio at Phocuswright
Europe in June, Collart explained how the online travel agency has more than doubled its
multi-city flight revenue while also bringing down average fares by about 30%.
And now TripNinja has created a virtual interlining product and is working with Webjet to integrate that for its customers.
“It’s really bringing a process that traditional travel
agents have been doing for decades,” Collart said.
“It takes someone with 15 to 20 years of experience to know
how to properly split tickets, how to really do creative ticketing on these
itineraries. We’ve brought in machine learning, we’ve analyzed millions of
combinations, and with that we’re able to drastically reduce the price just like
a traditional travel agent does except we do it in about five to six seconds.”
Collart also discussed how Trip Ninja’s virtual interlining
technology is data-source independent, making it different from some competitors,
and also the challenges the company is working to solve as it further develops
the solution.
Watch Collart’s full interview below.
Phocuswright Europe 2023 Executive Interview: TripNinja
*Correction: The original version of this article incorrectly reported that Webjet is already using TripNinja's virtual interlining product.