Philippine Airlines has recently formed a new partnership with Volantio. This partnership is based on the advanced Philippine Airlines Revenue Management solutions. They will employ their flagship Revenue Rebook product. This tool uses neural networks to analyze flight demand. As a result, the airline will be able to detect highly demanded flights early. The AI technology targets flexible passengers with special incentives. These passengers can receive travel vouchers or upgrades. By moving passengers, the airline can create valuable seats. This increases last-minute capacity. As a result, the airline can maximize unit revenues.
Christoph Gaertner, Vice President for Revenue Management. Commercial Planning & Alliances at Philippine Airlines said: “As our network continues to expand. Volantio’s technology gives us a powerful new way to optimize capacity utilization. Unit revenues, while rewarding passengers who have flexibility in their travel plans.”
Enhancing Revenue Management and Passenger Experience
Moreover, this collaboration is a significant milestone for Philippine Airlines Revenue Management approaches. This agreement will help the airline achieve its 85th anniversary objectives. The Volantio system is fully compatible with the Amadeus network. This will ensure that the implementation process is smooth and efficient. Philippine Airlines has a vast worldwide fleet. It includes planes from Boeing, Airbus, and De Havilland. The airline has a substantial presence in North America and Australia. On the other hand, Volantio is further strengthening its position in the Asian market. Contemporary Philippine Airlines Revenue Management approaches will provide improved unit economics for each flight. It will also alleviate operational stress on the airline’s employees. Finally, customers will have more options to travel. The technology company collaborates with leading airlines worldwide, such as Southwest Airlines. This agreement further cements Volantio’s leadership role in demand reallocation.
Azim Barodawala, CEO of Volantio, said: “We are so excited to partner with Philippine Airlines. To drive a true win-win for their passengers and the airline. “As Asia’s first airline, celebrating its 85th anniversary this year, Philippine Airlines has always been an industry pioneer. We look forward to supporting them to drive meaningful revenue and reward passengers. Optimize capacity, all while reducing operational pressure on their internal teams.”
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News Source: Businesswire.com
