Cargo Airline Revenue Management
The airline cargo shipping industry benefits from the lessons learned by revenue optimization in the passenger transportation industry. Building on the passenger industry’s collective experiences, the cargo industry has established the infrastructure to support the implementation of revenue optimization solutions. Cargo carriers now quickly can implement pricing analytics, pricing execution, and revenue optimization products with a level of sophistication that previously took the passenger industry decades to achieve. This fast-paced growth in complexity of the cargo industry pricing realm has required increasing demands on cargo carriers’ network and pricing decisions in order to remain competitive. Innovators in the cargo industry are using the PROS Cargo O&D solution to maximize revenues.
PROS Cargo O&D Revenue Optimization Solution
The PROS Cargo O&D Solution provides full network cargo revenue optimization and the dynamic economic evaluation of every shipment at time of booking. The solution supports short-term sales pricing, short-term ad hoc pricing decisions, and medium-term capacity allocation. PROS Cargo O&D supports management of domestic and international cargo business models, freighter and air carrier belly capacity, containerized and bulk cargo, marine transport, trucking networks, as well as alliance partners and blocked space agreements.
Pricing Analytics
- Identifies profitability of shipments by origin, destination, product, route, and customer
- Monitors forecasts, allocations and revenue performance
- Supports What-If analysis of multiple scenarios after the application of external influences
PROS Price Optimizer
- Provides decision support for overbooking and hurdle rate decisions
- Provides user influences to impact final controls
PROS Deal Optimizer
- Provides availability processing
- Provides spot pricing guidelines for one-time deals
Revenue Optimization
- Optimizes network contribution
- Determines optimal overbooking levels
- Determines optimal hurdle rate controls