The Divergence of Revenue Management
The sophisticated practice of revenue management remains a key function within any airline organization. Revenue managers have applied data science to ‘big data’ to forecast demand and optimize price since the 1980s. However, over the past decade a dichotomy has presented itself between current revenue management techniques and merchandizing practices such as fare families and ancillary pricing.
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The Airline Strategy Awards
At the very venerable and swanky Honourable Society of Lincoln's Inns in London on Sunday evening, Etihad chief executive James Hogan was undoubtedly baring that expansive smile he's well known for. The Australia-born airline boss won the Executive Leadership Award for his "outstanding strategic thinking and leadership".
Is this the end of Air Shopping?
For those of you who attended the Datalex conference, you had the unique opportunity to preview how Datalex, together with PROS, intends to change the world of air shopping and retailing. And during the conference, the question was raised “Is this the end of air shopping?”