Houston, Texas – November 28, 2005 — PROS
Revenue Management, a world leader in pricing and revenue
optimization science and software, and the pioneer and dominant
provider of revenue optimization to the travel and transportation
industry, today announced that Mexicana de Aviación,
one of the largest airlines in Latin America and one of Mexico’s
national flag carriers, has licensed the PROS O&D Revenue
Management Solution.
Mr. Sergio Allard, Chief Sales and Marketing Officer at Mexicana
states, “Mexicana has been a PROS customer since 1995.
Through our partnership with PROS, Mexicana has already experienced
how effective revenue management can impact financial results.
The airline is now looking to achieve even higher revenues
by combining a leading-edge O&D revenue management solution
with enhanced network management business processes provided
by PROS.”
The PROS Business Solution is a state of the art PNR-based
forecasting, optimization, and real-time dynamic pricing system
that aligns with critical revenue generating functions of an
airline. Mexicana will be able to perform real-time management
of seat inventory to maximize revenue across their entire network.
Also, the solution will be deployed at the new low-fare subsidiary
unit Click Mexicana.
With this new contract Mexicana has licensed the PROS O&D
Suite of Products that includes:
- PROS O&D Data Loaders
and Reporting – transforms and processes PNR-level
data, which is extracted from the airline reservations
system
- PROS O&D Demand Forecasting – provides
distinct forecasts for booking demand and cancellations at
various levels of passenger itinerary and characteristics
- PROS O&D Network Optimization – produces
optimal bid price controls using advanced network-based techniques
for precise O&Dmanagement controls as well as leg or
segment allocations to support legacy availability and booking
processes
- PROS O&D Hybrid Forecaster and Optimizer – forecasts
the degree of price sensitivity among O&D passenger demand
and determines the optimal mix of yieldable and priceable
demand that will maximize network revenue
- PROS 5 Low Fare RMS for Leg-based Environment – applies
classical micro-economics, advanced statistical and forecasting
techniques, and leading-edge operations research methods
to achieve maximum revenue contributions from every flight
departure in a low-fare/restriction-free pricing environment
- PROS O&D Fare Valuation – produces
future-looking robust fare values by O&D/POS at various
levels of detail
- PROS Real-Time Dynamic Pricing Engine (“RTDP”) – evaluates
in real-time the optimal price offer for each and every reservation
request. This evaluation process blends the optimal network
bid prices with specific business and market strategies as
defined by the airline
- PROS O&D Group 6 System – provides
a set of new-generation technology and workflow- focused
features to maximize network revenue from group business,
tour operator contracts, hard and soft alliance/partner blocks,
and other similar business models
- PROS Network Revenue Planning System (“NRPS”) – recommends
the optimal multi-class fare structure and network-oriented
sales targets that balance commercial requirements with revenue
management goals
“Mexicana embraces revenue management as a corporate-wide
philosophy that smartly blends best- practice business process
with leading-edge technology. Mexicana joins an elite group
of airlines in deploying a new-generation revenue management
solution to maximize network revenue. This will put Mexicana
far ahead of its rivals and will make it difficult for the
other airlines to effectively compete on commercial strategies
dictated by Mexicana. Indeed, PROS is honored and privileged
to be partnered with a market leader like Mexicana," said
Benson Yuen, President, Airline Group, PROS Revenue Mangement.
About Mexicana De Aviación
Founded on 1921, Compañía Mexicana De Aviación
is one of the largest air carriers in México in terms
of traffic volume and company assets including its subsidiary
Click. Engaging in international and domestic passenger and
cargo flight services. Mexicana De Aviación currently
has a total of 59 airplanes, operating 85 routes, including
58 international routes and 27 domestic ones plus Click operations.
This equates to more than 2092 scheduled flights on weekly
basis, serving 49 cities in 10 countries and most of the provincial
capitals, major cities and tourist attractions in México.
Website: https://www.mexicana.com
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PROS Corporate Communications
email: info@prospricing
phone: 713.335.5151
/ fax: 713.335.8144