This is the second article in our series decoding the fundamental technology transition underway in the airline industry. Today’s post explores the future of revenue management as one integral pillar of the airline retail transition and the emerging opportunities coming with this exciting shift.
The airline industry is experiencing a massive overhaul, transforming its value chain to embrace new technologies and shifting customer expectations. This shift is critical in order to scrap outdated and clunky legacy systems that create headaches for staff and passengers alike.
Now, airlines are moving towards more flexible, real-time, and future-ready cloud-native solutions.
Why start with revenue management?
Revenue management is a critical component of how airlines make money. From pricing to inventory control, revenue management plays a critical role in ensuring that airlines maximize their profits. As the industry shifts, it’s only natural that this crucial function will get a…
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