Flydubai
Revenue Management Officer at Flydubai in ENI Sapphire Tower Office number 6, Al Ittihad Road. Port Saeed, Deira Dubai, UAE will manage routes within an assigned region from pricing and inventory management perspective with the goal to maximize revenue for the airline. This is an Entry level full time job. And salary can range between 6000-12000 AED/month.
Responsibilities of Revenue Management Officer
- Analyze and maintain pricing structure and fare levels on assigned routes in the network in line with competitive actions and market demands with the objective to meet revenue and passenger volume targets of each route.
- Evaluate trends in market conditions using information available through and from various sources, including market intelligence reports relative. To competitor activities, political/economic trends/industry developments to make pricing and scheduling decisions.
- Create a sell up plan for peak seasons and suggest proactive tactical measures to stimulate traffic during the low seasons to maximize revenue.
- Recommend additional flights or flight cancellations based on demand on the flights, cost of operations and impact on customer service. With the aim to capitalize on reduced operating cost.
- Recommend aircraft swaps to optimally utilize capacity of the aircraft and to align capacity with changes in demand.
- Conduct data analysis to identify passenger profile and booking behavior including no-show trends. Use this information to optimize inventory and overbook flights on the assigned routes minimizing spoilage and spillage costs and maximizing revenue.
- Evaluate and provide discount levels for group bookings involving the assigned routes with the objective of revenue maximization.
- Conduct revenue integrity checks on the assigned routes to prevent loss due to seat spoilage on account of duplicate, fake and partly paid bookings.
- Conduct user testing of revenue management and pricing systems and provide requirements to develop, implement and customize solutions in accordance with flydubai business model.
- Analyze respective routes where potential revenue increase can be adopted and suggest strategies.
- Review forecast on weekly basis and adjust to ensure forecast accuracy maintained as per the departmental standards.
Requirements for Role of Revenue Management Officer
- University Degree or equivalent.
- 1-2 years experience preferred but not mandatory; Interest in airline revenue management is must; Interest or experience in business, economics and/or math is advantageous.
Skills And Knowledge Desired
- Ability to create excel spreadsheet models, analyze data and produce meaningful outputs upon appropriate interpretation.
- Customer Focus.
- Team work.
- Effective Communication.
- Personal Accountability & Commitment to achieve.
- Resilience and Flexibility. (Can do attitude)
Manager Compliance Monitoring CAMO & Training Flydubai Dubai