Commercial Revenue Strategy Manager
1 week ago
About the Role
">- The Commercial Revenue Strategy Manager will be responsible for managing revenue performance on a dedicated set of routes and developing pricing strategies to maximize network revenue benefit.
- They will work closely with the revenue management pricing staff to ensure that pricing and activities are consistent with route performance and market conditions.
Main Responsibilities
">- Develop pricing strategies on a dedicated set of routes to maximize yields and revenue at route and network level.
- Analyze key performance data at flight, route, route group and network level to assess effectiveness of route group pricing strategies in terms of passenger numbers, yields and unit revenues as well as market shares.
- Liaise with Network Planning/Scheduling to ensure that major changes in capacity, schedules and connectivity are communicated to dedicated pricing staff and that appropriate pricing actions taken.
- Assess dedicated route performance against benchmark key performance indicators.
- Work alongside other Commercial Route Managers to minimize conflict of interest between regions to ensure maximization of network revenue benefit.
- Communicate Revenue Management activity externally to ensure that other key areas of the business understand and 'buy-in' to pricing strategies and initiatives.
- Approve pricing structures and fare class breakdown and characteristics within established guidelines and authority levels.
Requirements
">- A minimum of 7 years experience in the field.
- 2 years management/supervisory experience or more would be beneficial.
- An intimate knowledge of revenue management, pricing and industry concepts.
- Bachelor degree in business administration or any financial major or equivalent.
- PC literate – advanced knowledge of Microsoft Word, Excel and Power Point.
- High standard of written/spoken English.
- Strong industry pricing knowledge, analytical capability and commercial awareness.
- Advanced communication and presentation skills.
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