Fareportal Expands Portfolio with Stake in Search Tech Company Search Machines

The family of companies that includes Fareportal, the travel technology innovator behind leading online travel agencies CheapOair and OneTravel, has further strengthened its presence in digital technology, through an investment in UK-based Search Machines. 

Search Machines is a global search technology company that applies state of the art data science and technology to search engine user acquisition and pricing.  Since its inception in 2019, Search Machines has successfully deployed their proprietary ATLAS platform and helped many large enterprises to optimize and customize their search user acquisition.  Search Machines’ propriety technology uses natural language processing (NLP) with AI tech to understand the intent of users and match demand and supply.  This gives each user the best experience leading to increased conversion rates and decreased cost of acquisitions.  Using ATLAS, advertisers can optimize their user acquisition for return on investment, maximizing the impact of every dollar spent in travel, insurance, retail, and other verticals. 

Sam. S. Jain, Fareportal Founder and Executive Chairman commented, “Fareportal has collaborated for many years with Search Machines founders Richard Jackson and Shlomi Beer.  In that time, we have observed the rigorous attention to detail and innovative technology that makes ATLAS an essential tool for search optimization, applicable to every industry, but particularly in the travel industry. Fareportal is a leader in travel technology, so this investment in Search Machines as part of Fareportal’s family of companies is a logical decision.” 

Richard Jackson, Founder & CEO at Search Machines said, “This is a watershed moment for Search Machines as it goes into a faster growth mode. This new investment enables Search Machines to level the playing field in the age of post-COVID by enabling large retailers, online insurers, online travel agents, and other online digital organizations with the best technology to improve their metrics on customer user acquisition in search channels, which is critical to win in today’s challenging market.” 

“We are on a mission to equip enterprises with the technology platform they need to orchestrate successfully their user acquisition process and maximize the use of internal data, providing management and marketing teams with the visibility and control they need,” commented Shlomi Beer, Search Machines Founder and CTO. 

The decision to invest in Search Machines is supported by an expanding global marketplace.  Worldwide investment in digital advertising has now reached 51% of overall advertising spending, and experts forecast continued growth.  

“In an increasingly competitive environment, Search Engine Marketing (SEM) performance must optimize using personalization from intent, through the entire consumer journey.  With ATLAS, Search Machines is well placed to provide this much needed experience,” stated Glenn Cusano, Fareportal Co-CEO and CFO.  

 # # # 

 About CheapOair  

CheapOair is an online travel agency that specializes in providing cheap flights and great last-minute flight deals for travelers worldwide. Consumers can book online, on mobile apps for iOS and Android, by phone, or live chat. Part of Fareportal’s family of travel brands, CheapOair bridges the gap between an online travel agency and a traditional agency with travel agents available worldwide to help find great deals on flights to global destinations on over 600 airlines, a million lodgings, and 100s of car rental companies. Follow CheapOair on Facebook, Twitter, and Instagram for travel inspiration and helpful travel tips.   

  

About Fareportal    

Fareportal is a travel technology company powering a next generation travel concierge service. Utilizing its innovative technology and company-owned and operated global contact centers, Fareportal has built strong industry partnerships providing customers access to over 600 airlines, a million lodgings, and hundreds of car rental companies around the globe. With a portfolio of consumer travel brands including CheapOair and One Travel, Fareportal enables consumers to book online, on mobile apps for iOS and Android, by phone, or live chat. Fareportal provides its airline partners with access to a broad customer base that books high-yielding international and domestic flight, hotel, and other travel and add-on ancillaries.   

About Search Machines    

Search Machines (a trade name of Jackson-Beer Limited) is a UK-based technology company founded with the mission to help businesses solve search user acquisition using software and technology. Search Machines intent and bidding technology helps maximize ROIs for advertisers in different languages, geos, and verticals. Over the last two years Search Machines product ATLAS – a cutting-edge marketing technology platform – has improved performance to many clients of all sizes, managing spends collectively of more than $150M. Search Machines was founded by Richard Jackson (CEO) and Shlomi Beer (CTO) with teams in UK and Israel comprising PHDs in computer science, economics, linguists, developers, and experts in search marketing. To learn more visit: www.search-machines.com. 

Fareportal OTAs Chosen as Canada Jetlines First Travel Agency Partner

Fareportal, the travel technology innovator that operates leading online travel agencies CheapOair, CheapOair.CA, and OneTravel, is pleased to announce their brands have been chosen by Canada Jetlines Operations Ltd. (NEO: CJET) (“Canada Jetlines”) as the first online travel agencies to provide access to the new leisure air carrier’s flights.

Canada Jetlines will begin flying in July of this year from their Toronto hub, with the aim of providing value to the traveling public. Jetlines has selected the A320 as its fleet standard, offering the best-in-class operating economics, customer comfort, and fly-by-wire technology. With the goal of providing a guest-centric experience from the first touchpoint, Jetlines will use a state-of-the-art web booking platform, making the solution available to tour operators and consumers

“We’re thrilled to be able to provide customers with a convenient turn-key travel experience at the click of a button,” shared Eddy Doyle, CEO of Canada Jetlines. “As we aim to offer the most convenient travel for the best value possible, Fareportal is the ideal partner to support the rapid growth and international expansion of our airline.” 

“We believe CheapOair and OneTravel are the perfect partners to bring this exciting new airline to the public. Our brands excel in serving the value-conscious consumer.  Canada Jetlines provides a way for passengers to book the travel they want, at a great price. We are pleased and honored to be the first online travel agencies to offer Canada Jetlines to air travelers,” says Werner Kunz-Cho, Fareportal Chief Executive Officer.

Please visit www.jetlines.com to learn more and follow on all social media platforms for updates and to join the Canada Jetlines family.

# # #

About Fareportal
Fareportal is a travel technology company powering a next generation travel concierge service. Utilizing its innovative technology and company-owned and operated global contact centers, Fareportal has built strong industry partnerships providing customers access to over 600 airlines, a million lodgings, and hundreds of car rental companies around the globe. With a portfolio of consumer travel brands including CheapOair and One Travel, Fareportal enables consumers to book online, on mobile apps for iOS and Android, by phone, or live chat. Fareportal provides its airline partners with access to a broad customer base that books high-yielding international and domestic flight, hotel, and other travel and add-on ancillaries.  

Media Contact:

Kathi Moore, Vice President, Branding & Communications – Fareportal
public.relations@fareportal.com

About Canada Jetlines
Canada Jetlines is a well-capitalized leisure focused carrier, utilizing a growing fleet of Airbus320 aircraft starting in 2022, subject to Transport Canada approval. The carrier was created to provide Canadian consumers with more value choices and travel options to fly to coveted sun and leisure destinations in the U.S., Caribbean, and Mexico. With a projected growth of 15 aircrafts by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. The efficient aircraft design merged with the experience of the all-Canadian management team, allows for accessible flight options without sacrificing quality or convenience. The carrier will use a state-of-the-art web booking platform, making the turnkey solution available to Travel Agents, Tour Operators, and consumers, with the capability of generating revenue on reservations and ancillary sales. We aim to provide more revenue opportunities to express our gratitude to current and future agent partners and all the work that they do. We look forward to working with you to create memorable travel experiences for consumers. To learn more, please visit www.jetlines.com and follow on all social media platforms for news and updates.

Connect With Us!
Instagram: @ca_jetlines
Twitter: @ca_jetlines
Facebook: @CAJetlines
LinkedIn: www.linkedin.com/company/jetlines

Media Contact:
media@jetlines.ca

Investor Relations Contact:
Jeff Walker, Vice President – The Howard Group
Email: jeff@howardgroupinc.com
Tel: 403.221.0915
Toll Free: 1.888.221.0915

Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to the Company’s intention to operate as a leisure airline, the intention to offer the lowest possible price, the number of aircraft it intends to operate, the benefits of the arrangement with NAVBLUE, the destinations of its intended flights, the completion of the CTA and Transport Canada approval process, growth plans, revenue options and intended timeline to begin servicing destinations and business of Jetlines.
In certain cases, forward-looking information can be identified by the use of words such as “plans”, “expects” “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or ” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of financing to commence airline operations, the accuracy, reliability and success of Jetlines’ business model; the timely receipt of governmental approvals including from the CTA and Transport Canada; Jetlines concluding a definitive agreement for aircraft to commence airline operations; the timely commencement of operations by Jetlines and the success of such operations; the legislative and regulatory environments of the jurisdictions where Jetlines will carry on business or have operations; the impact of competition and the competitive response to Jetlines’ business strategy; and the availability of aircraft. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to, the ability to obtain financing at acceptable terms,  the impact of general economic conditions, domestic and international airline industry conditions, the failure of the Company to conclude definitive agreements to acquire aircraft, supply chain disruptions causing delays in expected timelines, the impact of the global uncertainty created by COVID-19, future relations with shareholders, volatility of fuel prices, increases in operating costs, terrorism, pandemics, natural disasters, currency fluctuations, interest rates, risks specific to the airline industry, the ability of management to implement Jetlines’ operational strategy, the ability to attract qualified management and staff, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits from Transport Canada, the Canadian Transportation Agency and other regulatory agencies, and the additional risks identified in the “Risk Factors” section of the Company’s reports and filings with applicable Canadian securities regulators. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forward-looking information.

Innovative Customer Support Wins Fareportal  Silver Stevie® Award in 2022 Stevie Awards for Sales & Customer Service

Travel technology innovator Fareportal, the company behind leading online travel agencies CheapOair and OneTravel, was presented with a Silver Stevie® Award in the Most Valuable Response by a Customer Service Team category in the 16th annual Stevie Awards for Sales and Customer Service.  The award was achieved in recognition of the company’s customer-focused response to the challenges faced by the traveling public caused by the COVID-19 crisis.

“Our Technology, Operations, and Product teams moved at amazing speed to create consumer-friendly solutions to the many issues triggered by the pandemic. The air travel industry virtually shut down at one point, and ongoing schedule changes, flight cancellations, and changing government policies worldwide left travelers in need of a great deal of assistance from our OTA brands, CheapOair and OneTravel,” commented Werner Kunz-Cho, CEO of Fareportal.  He continues, “Winning this award illustrates the high priority we as a company place on customer experience. We are extremely proud of the entire global Fareportal team for the part they played in bringing the company this honor.”

The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development, and sales professionals. The Stevie Awards organizes eight of the world’s leading business awards programs, also including the prestigious American Business Awards® and International Business Awards®.

“The nominations we received for the 2022 competition illustrate that business development, customer service, and sales professionals worldwide, in all sorts of organizations, have continued to innovate, thrive, and meet customer expectations during the COVID-19 pandemic,” said Stevie Awards president Maggie Gallagher Miller. “The judges have recognized and rewarded their achievements, and we join them in applauding this year’s winners for their continued success. We look forward to recognizing them on May 11.”

Details about the Stevie Awards for Sales & Customer Service and the list of Stevie winners in all categories are available at www.StevieAwards.com/Sales.

###

About CheapOair
CheapOair is an online travel agency that specializes in providing cheap flights and great last-minute flight deals for travelers worldwide. Consumers can book online, on mobile apps for iOS and Android, by phone, or live chat. Part of Fareportal’s family of travel brands, CheapOair bridges the gap between an online travel agency and a traditional agency with travel agents available worldwide to help find great deals on flights to global destinations on over 600 airlines, a million lodgings, and 100s of car rental companies. Follow CheapOair on Facebook, Twitter, and Instagram for travel inspiration and helpful travel tips.  

About Fareportal
Fareportal is a travel technology company powering a next generation travel concierge service. Utilizing its innovative technology and company-owned and operated global contact centers, Fareportal has built strong industry partnerships providing customers access to over 600 airlines, a million hotels, and hundreds of car rental companies around the globe. With a portfolio of consumer travel brands including CheapOair and OneTravel, Fareportal enables consumers to book online, on mobile apps for iOS and Android, by phone, or live chat. Fareportal provides its airline partners with access to a broad customer base that books high-yielding international and domestic flight, hotel, and other travel and add-on ancillaries.  

About The Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Fareportal Joins Meals on Wheels of Staten Island in 50 Year Celebration

Gala to be held March 18, 2022

Continuing a company tradition of supporting their local community, Fareportal, the travel technology company behind leading online travel agencies CheapOair and OneTravel, is supporting Meals on Wheels of Staten Island with a donation and other support for their upcoming Gala in honor of the organization’s 50th year of providing service to the Staten Island community.

Meals on Wheels of Staten Island is leading the effort to ensure elderly people in the community receive nutritious meals and the human connection required to help them live independently.  The organization currently serves over three-quarters of a million meals each year.  Unique to the organization is the frequency of service.  Meals are delivered two times per day, 5 days per week, augmented by three frozen meals which can be delivered on Saturday for use over the weekend.

Sam S. Jain, Fareportal Founder & Executive Chairman, comments, “New York is our company’s home, and we are committed to providing care and support to our local communities in need.  We are very proud of our association with Meals on Wheels of Staten Island and will continue to support their efforts to enhance the lives of our local seniors.”

“This year, as Meals on Wheels of Staten Island is celebrating its 50th anniversary of providing home-delivered meals to frail homebound elderly on Staten Island, we express our very sincere appreciation to CheapOair for its generous ongoing support, received again this year. CheapOair is clearly regarded as a partner in our ability to never have a waiting list and to deliver two meals daily to older adults,” says Joseph Tornello, President and CEO of Meals on Wheels of Staten Island.  

Those interested in supporting Meals on Wheels of Staten Island can reach them here.

# # #

About Fareportal
Fareportal is a travel technology company powering a next generation travel concierge service. Utilizing its innovative technology and company-owned and operated global contact centers, Fareportal has built strong industry partnerships providing customers access to over 600 airlines, a million lodgings, and hundreds of car rental companies around the globe. With a portfolio of consumer travel brands including CheapOair and One Travel, Fareportal enables consumers to book online, on mobile apps for iOS and Android, by phone, or live chat. Fareportal provides its airline partners with access to a broad customer base that books high-yielding international and domestic flight, hotel, and other travel and add-on ancillaries.