The Russian low-cost carrier Sky Express will modernize its revenue management with ProfitLine/Yield Rembrandt, Lufthansa Systems’ market leading revenue management solution. The IT solution will enable the airline to match capacity and price much closer to the highly volatile environment and generate additional revenues. Both companies recently signed a five-year contract to this effect.
ProfitLine/Yield Rembrandt is tailored to the specific needs of mid-size airlines and low-cost carriers. It allows airlines to better forecast market demand, analyze competitor’s fares and to respond to it with a more flexible pricing strategy. So the airline can grow its market share and increase profitability. Because of its unique set of capabilities, this innovative IT solution even delivers sizable benefits to airlines already using another revenue management system.
By switching to ProfitLine/Yield Rembrandt a typical mid-size airline can increase its revenues by up to USD 6 million per year. Customers experience that the investment has paid off after six months.