Pricing Excellence in
Passenger Airline
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Since its inception, PROS has been
successfully addressing the most critical revenue optimization
issues in the airline industry. Some of these are:
- Move from load factor/yield to revenue focus (initially leg/segment
focused, then network focused)
- Address seasonal demand fluctuations
- Protect for late-booking high-fare passengers
- Address demand fluctuations with market changes
- Minimize denied boardings and spoiled seats
- Address buy-down behavior in a low fare environment
- Account for pre-departure cancellations and no-shows
- Consider group customer utilization
- Incorporate science into group requests evaluations
- Dynamically calculate prices based on strategic customer
segmentation
- Determine optimal mapping of fare products to booking classes
- Automate pricing actions of straight-forward cases
Click on a link below to learn about the solution:
- PROS RMS Solution
- PROS RMS is a robust, state-of-the-art leg/segment revenue
optimization solution that provides the most profitable mix
of fare-class allocations used for passenger reservation
availability, while minimizing losses from discounted, spoiled,
or returned seats. The solution can be readily configured
by the user to support the airline’s business and technical
requirements.
- PROS O&D Solution
- The PROS O&D Solution is a PNR-based, state-of-the-art
revenue optimization tool for the airline industry. The
highly configurable PROS O&D Solution provides significant
incremental revenue over leg/segment solutions and non-PNR-based
systems through better optimization of the airline’s
network revenue potential.
- PROS Group Solution
- The PROS Group Solution is the first and still the
best, state-of-the-art deal management and revenue optimization
system that handles airline group passenger requests
and bookings. The solution supports one-time groups
as well as “series” deals requesting blocks
of inventory over large date ranges.
- PROS NRPS Solution
- The PROS NRPS solution enables airline management to
assign fare products to booking classes in a fare structure
that balances network value, business rules and alliance
requirements. This solution provides the world's only
network-oriented fare class segmentation, and it has
been proven to provide significant revenue benefits over
an improperly stratified fare structure.
- PROS RTDP Solution
- The RTDP dynamically handles basic availability processor
functionality for O&D controls (i.e., comparing the
sum of leg bid prices to O&D reference fares), while
allowing high-value strategic differentiation of availability
at lower levels (distribution channel, travel agency,
etc.) than the O&D inventory controls.
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Pricing Analytics
- Identifies low performing markets
- Excessive denied boardings
- Excessive spoiled seats
- Low revenue due to unexpected fare mix
- Identifies high-revenue opportunities through the Management-by-Exception
capability that alerts users to the most critical flights
- Identifies markets requiring forecast influences from the
users
- Identifies competitive opportunities and challenges requiring
review and/or action
Pricing Manager
- Provides decision support for overbooking and fare mix decisions
- Provides user influences to impact final controls
- Automatically implements optimal controls
Revenue Optimization
- Optimizes Leg/Segment Revenue
- Forecasts accurate demand values and passenger show rates
required for revenue optimization
- Determines optimal overbooking levels
- Determines optimal inventory allocation fare mix
- Supports unique seasonal and holiday demand behavior
- Supports low fare demand behavior
Pricing Analytics
- Identifies low performing markets
- Excessive denied boardings
- Excessive spoiled seats
- Low revenue due to unexpected fare mix
- Identifies high-revenue opportunities through the Management-by-Exception
capability that alerts users to the most critical flights
- Identifies markets requiring forecast influences from the
users
- Identifies competitive opportunities and challenges requiring
review and/or action
Pricing Manager
- Provides decision support for overbooking and bid price decisions
- Determines expected fare usage within booking classes
- Provides user influences to impact final controls
- Automatically implements optimal controls
Revenue Optimization
- Optimizes network revenue
- Forecasts accurate micro-level demand values and passenger
show rates required for revenue optimization
- Determines optimal overbooking levels
- Determines optimal bid price controls
- Supports unique seasonal and holiday demand behavior
- Supports low fare demand behavior
Pricing Analytics
- Identifies and track travel agency performance
- Identifies and increase automatic processing coverage
Deal Manager
- Provides pricing decision support for group acceptance
- Provides powerful, rule-based automatic acceptance, rejection
or alternative offering for group requests
- Determines accurate customer materialization rates for improved
deal evaluations
- Supports “series” deals over large date ranges
Pricing Analytics
- Identifies fare inversions
- Provides What-if scenarios for promotions, sales targets,
etc.
- Monitors actual bookings against sales targets
Pricing Manager
- Provides user influences to impact final results
Revenue Optimization
- Optimizes network revenue at a macro level
- Determines network displacement-adjusted fares
- Determines optimal mapping of fare products to booking classes
Pricing Analytics
- Identifies acceptance/rejection statistics for availability
and booking requests at various levels (e.g., market, etc.)
- Identifies usage of strategic rules
Deal Manager
- Provides powerful, strategic
rule-based automatic acceptance/rejection for availability
and booking requests
- Provides decision support to better manage strategic rules
implemented
As new challenges are presented and the technology
evolves to better address more complex issues, PROS continues
its tradition of providing high-value, high-quality pricing
and revenue optimization solutions that can be configured to
meet the unique business requirements of each customer.
At PROS we share our customers’ vision and mission. We
provide our customers with world-leading science, software
products and professional services.
Please click on a solution below to learn more or
call our sales team at +1 713-335-5277.
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Pros Pricing is a world leader in Profit Pricing Software for the Passenger Airline Industry.
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