Franger company at a glance

One of the purchases we usually make online is buying plane tickets. If you have searched for a place to buy tickets on Google, on the first page there are options like Startup Alibaba, Zorgh and Flytiv are recommended to you. It is interesting to know that all these companies use the services of another company to access flight information and issue tickets. Company Franger It operates in the field of providing online and digital aviation services. An entity whose creativity and hard work we owe the prosperity of the online air ticket sales market. In the following, we will get to know more about this collection:

Engineer Timachi, CEO and founder of Frangar Company, graduated from Amirkabir University with a master’s degree in industrial engineering and is currently studying for a doctorate. Due to the relationship between his father’s profession and his personal interest in programming, he has been working with computers since high school and has also performed activities in this field. It may be interesting for gamers that many games of the 80s have been cracked by engineer Timajchi and released in the Iranian market. Only 3 days after its official launch! And at least 3 days before the release of cracked versions in other countries.

Like many other businesses, encountering a simple need has been the starting point of Frangar’s activity. Engineer Timachi identifies the numerous calls and references to agencies to know the status of ticket booking and the lack of information on whether or not they follow up on ticket booking as a problem and decides to facilitate it with the help of information technology capabilities.

Franger’s first move was to automate the manual process of reading ticket information for accounting purposes, which led to writing an accounting program for airline agencies. A program that became the basis for Faranger to be known among airline agencies and communicate with them. It was during these communications that the most important event in Frangar’s growth path took place.
Until this time, the ticket reservation of each of the airlines – due to the different infrastructure they had – could only be booked on their own website. Majid Hosseinnejad, the CEO of Alibaba, who worked as a manager of an airline agency, proposed to consolidate the possibility of booking tickets to Timachi Engineering. A proposal that led to the definition of a project with an initial value of 10 million Tomans. Of course, the costs of the project in the next steps reached 30, 80 and finally 380 million tomans.

At the beginning, Alibaba had many competitors who had more audience due to their history. When Alibaba reached the level of these competitors, Frangar owned 25% of its shares, the value of which was estimated at only 30 million Tomans. A low figure that made Franger sell 15% of his shares to finance his other projects. Along the way, Alibaba because Marketing Zafar was able to take over the majority of the market, as it currently sells more than 12,000 tickets per day, and its closest competitor experiences a figure of 1,000.

Alibaba’s success has also improved Faranger’s position among its customers, and the trust that has been created has led to the sale of more products of this company in order to create the necessary capability to start other projects. By creating an R&D group, Frangar has defined new projects and to advance this, it has attracted a young and expert workforce, most of whom are graduates of Sharif and Amir Kabir universities. Faranger’s trust in the talent of these people has caused students who enter this group without special experience to benefit from the freedom of action to create an environment for creativity in the group.

Faranger’s collection has reached such a maturity that sub-categories such as Sanatek And income earners has created

Frangar Sanatech, which has been chosen as the technology core in the Technology Management and Innovation Development Center of Amirkabir University of Technology, is operating as a knowledge base. Frangar Sanatek started its official activity in May 2016, in the field of airport systems including passenger admission control system (DCS), integrated airport operational information system (AODB), airport resource management system (RMS), self-service kiosks and flight information display system (FIDS). ) started. It is interesting to know that the average age of this collection is less than 30 years, which has given it a certain mobility and agility.

Company Faranger income earners Also from the research and development team of the company Frangar Pars System It has sprouted. As a knowledge-based company, Faranger Revenues has been established since July 1995 in the growth center of technology units of the Islamic Azad University of Qazvin (the selected growth center of the country in 1994) and is completely focused on the national project of designing and producing the first internal revenue management system. The airline operates.

Download PDF of the article