Comprehensive modules that factor in seasonality, aircraft type and point of sale
Flexible optimization models for significant incremental revenue
Business and Competitive intelligence and extensive operational reporting
RTS | Velocity
RTS Velocity is an advanced comprehensive forecasting, revenue management, planning and business intelligence solution that enables airlines to maximize their profitability by significantly increasing incremental revenue.In addition to a financial benefit, airlines typically realize productivity benefits, improved response times and better decision making.
The SaaS cloud option is best suited for rapid deployment, immediate benefit, minimal implementation effort and low ongoing maintenance costs
RTS offers an on-premise option for a tighter integration with business processes and other on-premise systems. The on-premise option is also better suited for a higher degree of customization.
Advanced, flexible, accurate and easy to understand forecasting models. Detailed forecasts accounting for seasonality and by multiple criteria.
Multi-featured optimization models at the core to maximize total revenue while considering airline specific operational and business constraints.
Optimized overbooking levels that maximize revenue and load factor and minimize risk of denied boardings. Rules to set min-max overbooking levels
Price Sensitive Revenue Management
Advanced forecasting for price sensitivity classes using demand elasticity curves. Option to support a pricing environment with non-decreasing fare policy. Hybrid support can handle a combination of product sensitive and price sensitive classes.
Origin Destination Revenue Management
Support for Origin Destination Revenue Management for markets that have significant volume of connecting traffic.
Executive level dashboard reports including KPI's with drill down functionality provide critical insight for operational and strategical decision making
Powers revenue enhancing decisions by considering the competitive market landscape based on third party vendors providing competitive data
Integration with Reservation System
Optimizes controls based on inventory and schedules feeds from reservation system
Revenue management in the airline industry is a critical component of business strategy. Use of the right revenue management tool can contribute between 4% -11% increase in profit margin.