Collateral:The Next Frontier: Game-Changing Solutions for Low-Cost Carriers

Brief Overview

The time has come for low-cost carriers to rethink their established revenue management processes and systems, and consider a fresh approach for 2010 and beyond.

Benefits include:

In today’s volatile environment where supply and demand never
seem to meet, identifying revenue opportunities in both high
and low demand situations is critical. The advantage of PSRM is
that revenue can now be increased for all flights, not just for high
demand capacity-constrained flights. To understand the additional
benefit that price optimization can deliver compared with traditional
RM, the results of price optimization were compared with those of a
traditional, allocation-based revenue management algorithm, given
the same supply and demand conditions.