FlyAkeed Inc. - Market Research Report



Company Overview



Name and Mission of the Company


Name: FlyAkeed Inc.

Mission: To empower air travelers with better options and happier experiences.

Founding Details


Founded: 2015

Founders: No information is available

Key People


Key People: No information is available

Headquarters


Location: Riyadh, Saudi Arabia

Number of Employees


Number of Employees: No information is available

Revenue


Revenue: No information is available

Known For


Known For: FlyAkeed is known as an online travel agency that offers travel services and innovative solutions for people residing in Saudi Arabia, across the Middle East, and around the world. It helps users find the best seats or rooms, track flight prices/availability on any airline, and activate 24/7 search and book and buy features.

Products



Provided Products


FlyAkeed offers the following primary products and services:

Online Travel Booking



1. Flights:
  • Description: Allows users to search and book flights.

  • Key Features:

  • Real-time flight tracking.

  • Price and availability monitoring.

  • Online reservation and ticket purchasing.


2. Hotels:
  • Description: Enables users to search and book hotel rooms.

  • Key Features:

  • Real-time room availability.

  • Price comparisons.

  • Easy booking process.


FlyAkeed for Business


A platform providing comprehensive corporate travel management solutions.

1. Reservations Management:
  • Description: Facilitates the booking of flights and hotel rooms for employees, simplifying the travel booking process for businesses.

  • Key Features:

  • Centralized booking dashboard.

  • Policy enforcement for travel approvals.

  • Detailed reporting and analytics on travel expenses.

  • Flexibility to manage last-minute changes.


2. Travel Policy Management:
  • Description: Helps businesses set and enforce travel policies.

  • Key Features:

  • Smart travel policies.

  • High compliance rate.


3. Expense Reporting:
  • Description: Provides statistics and reports on travel expenses.

  • Key Features:

  • Immediate invoicing.

  • Cost-savings opportunities.


4. Employee Travel Booking:
  • Description: Allows booking on behalf of multiple employees.

  • Key Features:

  • Streamlined approval process.

  • Real-time tracking of flight bookings and changes.


Recent Developments



Recent Company Developments


FlyAkeed has recently focused on enhancing its business solutions and user experience:

New Product Launches


1. FlyAkeed Business Dashboard:
  • A new platform release aimed at businesses to manage corporate travel bookings seamlessly.


New Partnerships


1. FlyAkeed with Corporate Clients:
  • Collaborated with major corporations such as Drive 7 and Saudi Center for Commercial Arbitration to provide tailored travel management solutions.


Customer Testimonials


1. Impact on Business Operations:
  • Testimonial: "FlyAkeed's Business platform has reduced the travel booking procedures from 90 minutes to less than 3 minutes." - Naif Alanazi, Human Resources Director, Drive 7.


2. Financial Analysis and Savings:
  • Testimonial: "Through FlyAkeed's Business services, we managed to analyze and allocate travel invoices in real-time, discovering potential savings in the travel budget." - Ahmed Asim, Financial Director, Elementar Smo Technology.


New Features Added to Existing Products


1. Policy Integration and Direct Connectivity:
  • Direct integration of travel officers with employees via the platform for more efficient handling of travel requests and bookings.


Additional Notes


Operations: Management and operations are based in Saudi Arabia, while Research & Development are conducted in the Philippines.




Conclusion:
The detailed report captures the critical facets of FlyAkeed Inc.'s operations, product offerings, and recent developments, providing a comprehensive overview based on available data.