Revenue Optimization
Airlines need to maximize revenue in a fast-changing and increasingly commoditized environment.
SITA Revenue Optimization helps you stay competitive by protecting and nurturing your yield.
SITA know-how can help you improve ticket sales, extract greater revenue, improve revenue retention and recognition, and produce more accurate and predictable accounting.
Revenue Optimization is part of Horizon, SITA's integrated solutions portfolio of products and services for passenger management and distribution.
SITA know-how
Revenue Optimization is developed exclusively for the airline industry. It is unique in the breadth of its delivery capabilities. The solution provides a holistic and consistent approach to improving revenue performance – rather than isolated and sporadic activities.
Revenue Optimization is the only complete revenue integrity ASP solution in the industry. It performs up to 12 automated processes daily and provides comprehensive reporting and service centre support. This enables airlines to see the big picture and adopt remedial strategies.
Revenue Optimization offers the only fully integrated revenue accounting system as an end-to-end solution.
Revenue Optimization produces accurate forecasts for optimal yield in both traditional network and hybrid business environments. It automatically detects revenue leakage and helps keep the maximum number of seats available for sale.
Benefits
Revenue Optimization provides the following benefits.
- Tangible return on investment
- Optimized yield and improved cash flow through automated processes
- Reduced costs by allowing you to own your fares and rule data
- Lowered GDS payments for no-shows, denied boarding compensation and catering costs for duplicate or fraudulent bookings
- Improved customer satisfaction through fewer offloads or downgrades and increased access to preferred seating on popular routes
- Improved forecasts for future demand, fare allocations, scheduling requirements, optimized revenue and load factors for each flight
- Greater accounting accuracy and efficiency through automated revenue processing
Features
Revenue Optimization includes the following features.
- Industry-leading functionalities to support online and real-time review of the negotiation process between local sales offices and head-office pricing managers
- Extensive support in defining, managing and controlling distribution channels, partners and geographic regions
- Supports domestic, regional and international carrier airlines
- Dedicated revenue optimization system for low-cost carriers
- Comprehensive reporting capabilities and service centre support
- End-to-end solution that is scalable from an in-house version to an ASP version, depending on your needs