Saudia and Caravelo Announce Partnership
BARCELONA – Feb. 13, 2024 – Saudia, the national flag carrier of Saudi Arabia, and Caravelo, a travel-tech company that provides subscription solutions to the travel industry, announce a partnership to launch a new, innovative, product in the Middle East.
The details of the product have not yet been released and will be announced as soon as it becomes available to the public.
Caravelo’s CEO, Iñaki Uriz, stated that “The product is going to be the first of its kind in the region, and we are proud to help Saudia lead the way in retail innovation. For Caravelo, working with a full service airline with the history and reputation of Saudia represents yet another step forward and confirmation of the quality and strength of our product”
The announcement comes in the wake of a recent series of success stories that came out of Caravelo, including a €3.5M series A funding round from two major Venture Capital firms.
For more information please us at press@caravelo.com.
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About Caravelo
Caravelo is a travel-tech company that provides subscription solutions to the travel industry. It helps clients increase revenue and market share while also improving crisis resilience, reducing the impact of seasonality and creating a better customer experience. The SaaS company has been providing flight subscriptions solutions and know-how to airlines since 2015 and is currently the only company in the world that can create and manage true flight subscription programs.