Kaya 959 Kaya Biz

TECH & INNOVATION: Student start-up gives peers ‘wings’ to fly.

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Distribution costs are typically one of the most significant expenses for airlines, usually because of the technology involved. AirStudent connects directly with airlines to reduce those costs, and in turn passes savings on to customers. This strategy has helped the company to grow rapidly and net an undisclosed investment from the impact investment company, E Squared Investments in 2021.

As the travel industry looks to recover from the impact of COVID-19, AirStudent not only looks to take advantage of the advancements in travel technology but seeks to be at the forefront of its adoption and development. Securing significant backing from E Squared Investments will help the company’s efforts to grow their operations and scale out the innovative technology they have developed that is already in production and use, for the benefit of their customers and partners.
23 Aug 2022 1AM English South Africa Business News · Investing

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