PLANITAS REVENUE MANAGEMENT
The biggest challenge in traditional forecasting is the variability in the data
Planitas RM avoids this by plotting out sales expectations for each flight from the moment it enters the schedule. Once a flight diverges from the expected behaviour, the PasRM system starts to test up-sell possibilities in the market.
Any gaps between processing days poses a risk to RASK/RASM performance
The Planitas RM solution eliminates this risk by optimizing every flight every night. When combined with the ABIS, PasRM will optimize flight revenue in Real Time. PasRM captures data for every departure day in the system and harnesses that data to optimize the inventory allocation put into the market.
FLIGHT STEERING TECHNOLOGY
Planitas PasRM creates FLight categories for every FLight based on days from departure and projected LF
This makes it easy for the system to apply flight strategies to flights above or below the expected booking curve. Keeping flights on the curve prevents the major problems of traditional RM: heavy discounting, early sell outs, and flights being over constrained. The system also incorporates competitive fare information to make flight strategies even more powerful.
We’ve seen consistent RM metric improvements to the airlines we’ve worked with.
Uses quality data visualization to steer analysts to the highest revenue opportunities.
Efficiencies gained free up additional time for more valuable analysis.