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321NOW SIGNED

321NOW: The Now Booking Channel

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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Project "321NOW" data sheet

The following table provides information about the project.

Coordinator
NOW BOOKING CHANNEL SL 

Organization address
address: VELAZQUEZ 35 3 DERECHA
city: MADRID
postcode: 28001
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-06-01   to  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    NOW BOOKING CHANNEL SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

The travel sector has been changing considerable since the low cost carriers broke in the market. Traditional airlines have tried to compete but there is still a long way to run. Airlines have an average of 16% free seats when taking off, with low costs carriers being the ones that travel with less empty seats thanks to their costs structure and princes offered in such a competitive marketplace. 321NOW has created the first Virtual Low cost, using the spare seats that were not going to be sold through traditional sales channels, and selling them 8 hours before the plane takes off. We sell the tickets covering the variable costs of the passenger (airport taxes food –if included-), plus a benefit for the airline and a management FEE for 321NOW. In addition we will sell separately services, such as seats selection, luggage, Wifi, helping the airlines to increase their profit and to better compete with the Low Cost companies.

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The information about "321NOW" are provided by the European Opendata Portal: CORDIS opendata.

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