One of the biggest challenges air cargo industry faces is understanding the true cargo capacity as well as capacity for sale considering passenger and cargo customer behavior. Add to that the complexity of determining the capacity split between allotments, long term contracts and free sale. RTS Velocity is a full-fledged cargo revenue management and capacity optimization solution that enables airlines to maximize network level profitability by managing these challenges and many more.
Automatically process key revenue management functions in real time and in batch for up-to-date flight capacities, overbooking levels, demand forecasts, allocations and bid prices.
Interactively run revenue management modules and options to review and modify model outputs as well as change model inputs.
Real time re-forecast for short-term schedule changes and automatic re-accommodation of allotments on long term schedule changes.
Account for customer behavior in terms of no shows, cancellations and allotment usage.
Improved Service Reliability with reduced offloads and service level guarantee.
Deliver fast analytic insights on key performance indicators.
Ability to create weekly, monthly and yearly management reports on service failures, load factors, and revenues.
Pro-actively manage flights by alerting users when certain conditions are met or not met in terms of potential service failures or revenue opportunities.
The SaaS cloud option is best suited for rapid deployment, immediate benefit, minimal implementation effort and low ongoing maintenance costs.
