The airline industry is undergoing changes that may be even more dramatic that those that followed deregulation. Competitive pressure from low-cost carriers, fluctuating consumer confidence in the reliability and operating performance of the air transportation system, and pricing transparency created by the internet and other travel distribution channels have contributed to declines in average fares and a considerable impact to your revenues.
Pricing Challenges
In this environment, you need an arsenal of sophisticated tools to address your most pressing challenges:
- Aligning your RM department with other departments
- Forecasting fluctuations in passenger demand
- Managing revenue in markets without fences or price restrictions
- Differentiating customer value in real-time
- Accepting group requests without displacing high-value demand
- Pinpointing the areas of your business that make or break revenue and profit
PROS Solutions for Passenger Airlines
As the world leader in pricing and revenue management software for the passenger airline industry, PROS offers solutions the following solutions: