Revenue Management Analyst

Key Accountabilities:

• Provide feedback within RM team for class and fare structure for assigned routes.
• Provide feedback within RM team for sales and travel fees and terms and conditions of carriage.
•  Responsible for maximization of revenue per flight by optimizing yield, and load-factors on assigned routes without adverse effects on market share.
• Benchmark and monitor pricing strategy versus the competition by day-to-day inventory management using third party tools like Infare
• Analyze market price and booking intakes to forecast future trends based on historical data, booking intakes, and market insights.
• Maintain routes in line with performance and budget expectations through the careful management of the inventories for each fare-class.
• Adjust inventories with respect to seasonality and holiday & special events calendar.
• Implement overbooking policy to maximize revenue for each flight based on no-show rates.
• Identify and recommend opportunities for capacity adjustment (aircraft upgrade/downgrade, ad-hoc flight/frequency addition/cancellation) to improve RASK (Revenue per Available Seat Km).
• Analyze and identify opportunities for tactical pricing actions to generate incremental traffic.
• Perform frequent analysis on market level issues and present the findings and recommendations to line manager.
• Provide support for group fare quotations.
• Implement lid changes for payload restrictions.
• Regularly analyze historical data to improve inventory management.
• Provide standard and ad-hoc reporting for a variety of departments and levels within the company or RM whenever required.