Volantio

Volantio operates as a B2B travel technology company, focusing on post-booking revenue and capacity optimization for the airline industry. The company was founded in 2014 by CEO Azim Barodawala and Technical Advisor Fenn Bailey, with headquarters in Atlanta, Georgia. Barodawala brings over a decade of experience in travel and technology, including roles as Group Head of Strategy for Jetstar Group and project leader at Boston Consulting Group, with a focus on travel and transportation. Bailey is a self-taught programmer with a history of releasing commercial software from a young age.

Volantio's core business revolves around its proprietary AI-powered platform, Yana (also referred to as GreenLeaf), which assists airlines in managing seat inventory after tickets have been sold. The platform identifies flights where demand patterns suggest an opportunity for optimization, such as potential overbooking or the chance to sell last-minute, high-yield tickets. It then proactively contacts flexible passengers via mobile channels, days before departure, offering incentives like vouchers, upgrades, or frequent flier points to switch to lower-demand flights. This process creates a threefold benefit: flexible passengers are rewarded, last-minute travelers gain access to full flights, and airlines maximize unit revenue and network capacity while improving customer predictability.

The business model is centered on providing this software-as-a-service (SaaS) platform to airlines and, more recently, the live events industry, with Disney Theatrical Group as a client. Revenue is generated by enabling clients to recapture high-profit inventory and resolve overbooking situations efficiently. For example, Alaska Airlines reported an annual benefit of over $20 million from using the platform. Volantio's solutions, including 'Revenue Rebook' and 'Confirmed Pre-Move,' are designed to dynamically shift passengers, open up premium seats for resale, and address overbooking before passengers arrive at the airport, reducing stress for both customers and gate agents. The company is backed by a syndicate of strategic investors, including JetBlue Ventures, International Airlines Group (IAG), Qantas Ventures, and Amadeus Ventures.

Keywords: airline revenue optimization, post-booking management, capacity optimization, passenger flexibility, travel technology, airline software, Yana platform, Azim Barodawala, airline overbooking solution, dynamic reaccommodiation, flight inventory management, customer experience travel, travel SaaS, airline efficiency, ancillary revenue, load factor improvement, airline profit maximization, GreenLeaf platform, airline operations, travel data analytics