28-Oct-2016 5:08 PM

European Aviation Club outlines five reasons why airlines should focus on revenue management

European Aviation Club chairman Rigas Doganis, speaking at the CAPA-ACTE Global Summit, stated (27-Oct-2016) revenue management is at the heart of airline business. He outlined the five reason why airlines should focus on revenue management as:

  • Instability over the past 15 years has meant airlines cannot squeeze anymore out of cost savings and the only way to improve profitability in the long-term is on the revenue side;
  • Small changes in RASK can make a big difference in the profitability of an airline;
  • Fuel price will inevitably go up, and when that happens, the only response is to look at revenue;
  • Revenue management is not just about revenue but gaining a competitive advantage;
  • Revenue management is the one area where technological innovation can make a big impact on airline profitability.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More