50 SKY SHADES - World aviation news

United Airlines Cargo Goes Live With RTS Cargo Revenue Management Solution

Download: Printable PDF Date: 01 Sep 2015 08:32 categories:
Publisher:
United Airlines Cargo Goes Live With RTS Cargo Revenue Management Solution - Finance publisher
Tatjana Obrazcova

United Airlines went live with RTS CargoProfitOpt capacity management module to forecast capacities, predict show up behavior, and compute optimal overbooking levels.  Apart from updating these values in the United Cargo's reservations system, the RTS solution also reacts to schedule changes and re-forecast values in real time.

RTS CargoProfitOpt is a decision-support solution that transforms the process of managing an airline's cargo capacity. Essentially it is a revenue management tool kit that focuses on maximizing system-wide cargo profitability by efficiently matching capacity to demand.

The United Cargo, United IT, and RTS teams are working together on the upcoming phases that will provide capability to optimize allotments as well as provide network level demand forecasting and economic evaluation of shipments.

Mukundh Parthasarathy, Vice President of Cargo solutions for Revenue Technology Services, said, "This puts us a step forward to becoming a market leader in the air cargo revenue management world. To be the only solution portfolio with an integrated cargo revenue management and pricing gives us a unique perspective into the whole end to end process for air cargo."

Raja Kasilingam, President and COO at RTS chimed in, "Our mission is to enable our customers to grow their business profitably and serve their customers better. I am quite excited about reaching the first major milestone of delivering to our mission working together with United as our trusted partner."



Loading comments for United Airlines Cargo Goes Live With RTS Cargo Revenue Management Solution...


Recommended

telent and DGS installing world-class anti-drone system at major UK airport

telent, in collaboration with its technology partner Digital Global Systems (DGS), has agreed a three-year contract to install the DGS CLEARSKY™ Drone Threat Management system at Bristol Airport...

Airline debt to balloon by 28% -heavy new debt levels will weigh down recovery

The International Air Transport Association (IATA) released an analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increa...

Safety comes first at Hong Kong Airlines

To help travellers book with confidence and fly with assurance, Hong Kong Airlines has introduced the following to enhance our customer experience: Unlimited flexibility, no change fees Book wit...

S7 Technics extended the scope of EASA Part-21 J certificate

S7 Technics Design Organisation Approval developing technical documentation for repairs and modifications of water and waste systems installed on aircraft. The scope of works during air...