The role is responsible for setting price points, controlling flight inventory, ensure that optimum settings for demand forecast and interprets and evaluates route performance and competitor activity, and work with the revenue management team and the revenue management system provider to improve the efficiency of use of the revenue management system.
Key Responsibilities
- Maximise revenue by setting price points and controlling flight inventory in response to different level of passenger demand.
- Ensure that large data sets are interpreted while applying market knowledge.
- Participate in the daily management of flights.
- Continually analyse all relevant aspects of booking data in order to optimise revenue.
- Ensure that optimum settings for demand forecast, price elasticity and seasonality are set in the revenue optimisation system.
- Interpret and evaluate route performance and competitor activity, to present results on a regular basis and make recommendations for improving strategy.
- Communicate effectively with all members of the department in line with the company’s culture guidelines.
- Continually produce ad-hoc analysis of commercial and operational data that can lead to further revenue improvement or strategy changes.
- Develop insightful commercial reporting that can improve the commercial understanding of passenger behaviour.
- Bachelor’s degree in science, mathematics, economics or a relevant discipline
- Minimum 1 year experience or fresh graduate.
- Understanding of the airline industry and the wider Middle East travel market
- Advanced Problem Solving.
- Business Acumen.
- Decision Making.
- Planning.
- Analysis.
- Negotiation.