We’re creating a more connected travel industry, underpinned by sustainability and long-term investor relations.
Principal Consultant, Revenue Optimization, Amadeus
In Formula 1, it takes around two seconds to complete a pit stop. This incredible feat is possible thanks to the organization and synchronization of each member of the pit crew. While drivers like Lewis Hamilton get the star treatment, it’s the pit crew who can make or break the race. You could say they’re the unsung heroes of F1 racing.
How can airlines achieve this level of perfection in the revenue optimization field? By transforming their revenue management business, which can be done in 4 steps:
By following the above steps, our revenue management expert support is helping airlines to produce positive results. We have seen a 5% revenue increase for one of our main customers and we have delivered double digit growth for another airline in its key origin and destination traffic.
Our technology is a big part of this as we continuously work on improving our products and services to help our customers provide travelers with better journeys. However technology on its own wouldn’t mean much without our ‘pit crew’ of revenue management experts. They are specialists with a simple aim: work with our airline customers to achieve the highest possible revenues for each customer journey. And this is more important than ever, given the change in traveler shopping behavior and the competitive market place that is driving down prices.
We think it’s time to rethink revenue optimization and look to more sophisticated systems which are ‘customer’ rather than ‘seat’ centric. Have a look at the Amadeus Airlines Revenue Optimizationsite and download our Total Offer Optimization reportto learn more.