The Science of Profit Optimization for Airlines
RTS Velocity for Airlines
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.
RTS Velocity | Airlines
Demand Forecasting
Advanced, flexible, accurate and easy to understand forecasting models. Detailed forecasts accounting for seasonality and by multiple criteria.
01
Optimization
Multi-featured optimization models at the core to maximize total revenue while considering airline specific operational and business constraints.
02
Overbooking
Optimized overbooking levels that maximize revenue and load factor and minimize risk of denied boardings. Rules to set min-max overbooking levels
03
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.
04
Origin Destination Revenue Management
Support for Origin Destination Revenue Management for markets that have significant volume of connecting traffic.
05
Business Insights
Executive level dashboard reports including KPI’s with drill down functionality provide critical insight for operational and strategical decision making
06
Competitive Insights
Powers revenue enhancing decisions by considering the competitive market landscape based on third party vendors providing competitive data
07
Integration with Reservation System
Optimizes controls based on inventory and schedules feeds from reservation system
08
Cloud
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