Traditional revenue management principles that came into existence decades ago rely on the premise that fare products are differentiated by restrictions (for e.g.: advance purchase, roundtrip, cancellation penalties, minimum/maximum stay,etc.)... Read More
Author: Revenue technology system
A few of the revenue accounting experts enthusiastically responded the rating functionality within the revenue accounting system is what is defined pricing in the air cargo world. ”hmmm…isn’t rating nothing... Read More
Every consumer wants to be reassured that their purchase is performing to the best of it’s ability and they are doing everything possible to maximize the utility of their investment.... Read More
Businesses today face a start reality: anticipate, respond, and react to the growing demands of the market place or perish. This is even more pressing in our travel and transportation... Read More
I remember my very first active role in working on a major new business development activity with a very large international airline. I never thought that I had the qualities... Read More
How does one carve out actionable intelligence by applying AI to data? Here is where, context matters in our industry. To put it in layman’s words, one can build the... Read More