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Team ABC invests in smart revenue management startup Yieldin to help airlines optimize operations

Yieldin, a smart inventory management system for airlines, announced that it received an investment from Team ABC, a transportation and travel tech investment fund, with a vision to use the capital to contribute to the airline industry that is among the most affected by the coronavirus pandemic.

Following the acquisition of an undisclosed amount, Team ABC and Yieldin — which is headquartered in Paris — will focus on entering new markets and accelerating global expansion, with a strong focus on Latin America.

A new report from the UN’s air transportation agency shows international passenger traffic suffered a 60% drop over the course of last year, bringing air travel totals back to 2003 levels.

Just 1.8 billion passengers took…

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