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  "notes": "Includes a testimonial/bio box for Olivier Girault.",
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      "text": "Small, incremental steps such as this one are key in the transformation to become a more sustainable travel industry.",
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      "text": "Building a more sustainable travel industry is a journey, one driven by collaboration, innovation and a willingness to encourage change across the whole sector. Amadeus Ventures has twice invested in Volantio, a United States-based innovator that works to free airlines from the constraints of fixed aircraft capacity. In a nutshell, Volantio’s solution enables airlines to create a private resale marketplace where carriers can reach out to passengers on peak flights and make them an offer to “resell” their seat back to the airline for an incentive (such as loyalty points, travel vouchers, ancillary benefits or upgrades), and a seat on a flight that wasn’t projected to depart full. At its core, the solution from Volantio enables airlines to carry more passengers without flying more aircraft. A higher load factor means each aircraft is better utilized so the airline maximizes the number of passengers transported for the fuel it burns. Another way of thinking about it is: each empty seat on an aircraft represents a higher inefficiency in terms of fuel burned per passenger kilometer. By smoothing demand across an airline’s flights, Volantio reduces empty seats, optimizing the average net carbon emission for each passenger flown. Small, incremental steps such as this one are key in the transformation to become a more sustainable travel industry. Volantio is playing its part by offering a way to improve load factors and optimize the CO2 impact of each passenger, while contributing to airlines’ bottom line.",
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