Job Detail
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Job ID 13556
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Career Level Intermediate
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Experience 5-9 Years
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Gender Male Female
Job Description
Specialist Revenue Management at Flydubai in ENI Sapphire Tower Office number 6, Al Ittihad Road. Port Saeed, Deira Dubai, UAE will manage an assigned region with all its routes from pricing and inventory management perspective with the goal to maximize revenue for the airline. This is an Intermediate level full time job. And salary can range between 10000-20000 AED/month.
Responsibilities of Specialist Revenue Management
- Monitor pricing structure and fare levels for assigned region 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, to make informed pricing and inventory management decisions.
- Monitor route performance vis-Ã -vis agreed targets and liaise with sales team to identify opportunities. And threats proactively and take appropriate measures to ensure route revenue targets are achieved
- Analyze data to identify booking behavior, ancillary product performance, network connections etc to take proactive measures. To enhance and protect the different revenue streams for the airline
- Derive forecasts for the route at least on a weekly basis & highlight all areas of concern in terms of achieving route revenue targets.
- Analyze Group booking patterns and materialization rates to take proactive measures in ensuring optimal group bookings percentage on the routes based on seasonality and demand patterns
- Devise revenue integrity control strategy to prevent loss due to seat spoilage on account of duplicate, fake and partly paid bookings given the booking behavior of assigned routes
- Participate in setting revenue targets for the routes as part of the annual revenue budgeting exercise and as part of the budget revisions during the financial year
- Provide requirements to develop, implement and customize revenue management and pricing system solutions in accordance with flydubai business model
What you will do more
- Liaise with other departments including the sales team, planning, finance and cargo to identify and capitalize on potential revenue generation opportunities
- Mentor and guide a team of revenue optimization Analysts, Officers and Coordinators to help them analyze performance of assigned routes on a regular basis
- Participate in interline and codeshare negotiations on behalf of the airline if required. Conduct analysis of interline traffic being received from various partners
Requirements for Role of Specialist Revenue Management
- Bachelor degree in Air transport, marketing, economics or business management.
- Overall 5 years of experience in airline industry with a minimum of 3 years’ experience in Revenue optimization.
- Broad knowledge and experience in Revenue Management principals.
Skills And Knowledge Desired
- In-depth knowledge of Industry practices and procedures especially in LCCs would be advantage.
- Analytical skills.
- Planning and prioritization.
- Effective communications.
- Business awareness and organizing for results.
- Leadership.
Attached Files
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