Fairlyne is an innovative startup that operates in the travel industry, offering a unique service known as "Resale as a Service" (RaaS). This platform allows travel operators, such as airlines, railway companies, and hospitality providers, to resell non-refundable bookings that would otherwise go unused. Essentially, Fairlyne helps these companies turn no-shows and cancellations into additional revenue streams.

The company serves a variety of clients within the travel sector, including airlines, railway operators, and hospitality businesses. Fairlyne's market is the broader travel industry, which has been increasingly demanding more flexible solutions for handling changes and cancellations. According to industry surveys, a significant percentage of travelers are not willing to pay extra for flexible fares, yet they desire more flexibility in their travel plans. Fairlyne addresses this gap by providing a resale option for non-refundable tickets and bookings.

Fairlyne's business model revolves around its RaaS platform. Travel operators integrate this platform into their existing systems, allowing them to offer resale options to their customers. When a customer decides not to use their non-refundable booking, Fairlyne's platform facilitates the resale of that booking to another customer. This process not only provides a new level of flexibility for travelers but also generates incremental revenue for the travel operators.

The company makes money by taking a commission on each resale transaction facilitated through its platform. This model ensures that Fairlyne benefits as its clients benefit, creating a win-win situation for both the company and its partners.

In summary, Fairlyne is revolutionizing the travel industry by turning no-shows and cancellations into profitable opportunities. By offering a resale platform, it provides travel operators with a new revenue stream while meeting the growing demand for flexibility among travelers.

Keywords: Resale, Travel Industry, Airlines, Railway, Hospitality, Flexibility, Non-refundable, Incremental Revenue, No-shows, Platform.