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.
Advanced, flexible, accurate and easy to understand forecasting models. Detailed forecasts accounting for seasonality and by multiple criteria.
Multi-featured optimization models at the core to maximize total revenue while considering airline specific operational and business constraints.
Optimized overbooking levels that maximize revenue and load factor and minimize risk of denied boardings. Rules to set min-max overbooking levels.
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.
Support for Origin Destination Revenue Management for markets that have significant volume of connecting traffic.
Executive level dashboard reports including KPI's with drill down functionality provide critical insight for operational and strategical decision making.
Powers revenue enhancing decisions by considering the competitive market landscape based on third party vendors providing competitive data.
The SaaS cloud option is best suited for rapid deployment, immediate benefit, minimal implementation effort and low ongoing maintenance costs.