Verteil Fetes Travel Agents, Airlines, Introduces New Products

Chinedu Eze

Travel facilitating company, Verteil Technologies recently met with travel agents, airlines representatives and other stakeholders in the travel industry to unveil new products and also feted with its clients to mark the new year.

Verteil which held a dinner event recently in Lagos, provides a direct connect platform that enhances the accessibility of travel by seamlessly connecting airlines and travel agents to provide efficient service to travelers in Nigeria and other parts of the world.

 Speaking at the exclusive evening event with airlines and travel agents in Nigeria, the Co-founder and Chief Product Officer (CPO) of Verteil Technologies, Satheesh Satchit, highlighted how Verteil’s innovative technology empowers airlines to distribute their products and services to travel sellers worldwide at significantly reduced costs.

 “This means that airlines can significantly reduce their distribution costs, which is particularly impactful given that distribution ranks as the third-largest expense for airlines, following fuel and staff costs.The platform also allows them to move into a more retailing world.”

 Satheesh Satchit goes on to describe – “So today, they just sell commodities. Commodity means seat. They are only able to sell seats. Tomorrow, they will be able to sell a lot of things like car rentals, hotels, meals, Wi-Fi vouchers, and lunch access, amongst others. A person traveling on a flight is a potential customer for many such additional services called ancillaries. Ancillaries can be air-related or non-air-related products. Anything which makes sense to a traveler can be sold.”

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