Bidflyer Labs

Company Overview

Snapshot

Founded in May 2015 by Guy Kaplan, Bidflyer Labs operates with 11–50 employees. The company has secured funding across two rounds. In February 2018, Boeing partnered with Cockpit Innovation, the tech investment arm of EL AL Israel Airlines, to support the scale-up of aviation and aerospace technologies, aligning with Boeing's strategic vision.

Business overview

Bidflyer Labs provides a large-scale marketplace platform designed to enhance airline ticketing and retail services. Its core technology enables airlines to expand their inventory by hosting new content and services from multiple sources, thereby generating new revenue streams within their existing booking engines. The platform offers a complete retailing solution, allowing airlines to compete effectively and regain market share from online travel agencies. Bidflyer Labs operates within the Business Software sector, specifically focusing on e-Commerce Tools for the travel and tourism industry, serving airlines and travelers.

Company Intelligence Q&A

What is Bidflyer Labs' primary offering?

Bidflyer Labs offers a large-scale marketplace platform that enables airlines to expand their inventory and generate new revenue streams by hosting complementary travel services and content within their existing booking engines.

When was Bidflyer Labs founded and by whom?

Bidflyer Labs was founded in May 2015 by Guy Kaplan.

What was the nature of the partnership between Boeing and Cockpit Innovation in February 2018?

In February 2018, Boeing partnered with Cockpit Innovation, the tech investment arm of EL AL Israel Airlines, to support the scale-up of technologies in the aviation and aerospace industries. This partnership aligned with Boeing's strategic vision for the aerospace sector.

How does Bidflyer Labs help airlines compete with online travel agencies?

Bidflyer Labs provides a complete retailing solution designed to enrich airlines' offerings and distribution capabilities, enabling them to compete more effectively and avoid business loss to online travel agencies.

What was the collaboration between Bidflyer Labs and El Al Israel Airlines in September 2016?

In September 2016, El Al Israel Airlines announced it would begin holding flight ticket auctions on its website, utilizing a system developed by Bidflyer Labs. This system enables online bidding for vacant flight seats, with the potential to monetize unsold tickets.