Airline Revenue Management Evolution

1
Airline Revenue Management Evolution

• DEFINING THE NEXT GENERATION APPROACH

2
First Wave of Revenue Management

• The airline fare management services has
  improved enhanced drastically over the years in
  terms of Filing of net and negotiated fares,
  maintenance, monitoring of agencies for fares,
  etc.
• These factors have generally brought about a
  commoditization of base fares, leaving airlines
  to concentrate their endeavors on recognizing and
  overseeing new chances to develop income,
  benefit, and profitability.

3
Next Generation of Revenue Management

• Airlines nowadays have been entrusted with
  proficient gathering, handling and examining
  information and with this utilizing it to detect
  and react to moving business sector elements.
• Customer needs for a constant customized
  experience keeps on expanding while airlines
  tries to adopt customer-centric services to make
  profit and great business in respect to revenue..

4
Inspiring Total Revenue Optimization

• It gives system a chance to confront with
  retailing challenges in the present condition and
  grasp business procedures and answers to use new,
  more dedicated and real time information related
  to airlines.
• Airlines are moving very fast from the
  traditional methods in terms of creating value
  organizations where costs are shared and
  collaboration incorporates enhanced revenue
  management services.

5
A Real-Time Optimization Approach

• IGT works on the enhanced principles and
  directions which is changing the way of revenue
  generation from simple to complex fare sheets.
• IGT involves itself in admissions and guidelines
  understanding the negotiated fare management
  which guarantees in correct distribution of fares
  over GDSs.

6
Adopting Next Generation Revenue Management

• More customers now are demanding for next
  generation revenue management services to make
  their transactions and travel time relaxing and
  enjoyable.
• Next-generation revenue management is advanced
  and best way for airlines to cope with more
  accurate, real-time information in an
  easy-to-understand format.

7
Contact Details

• Corporate Headquarters
• Echelon Building, Plot No. 49, Sector-32,Gurugram
  122 001, Haryana, India
• Tel [phone]
• Email mktg_at_interglobetechnologies.com
• Website www.interglobetechnologies.com