Explore how Low-Cost Carriers (LCCs) and Full-Service Carriers (FSCs) optimize revenue management through innovative strategies. Learn about challenges, technology advancements, and the future of RM in aviation.
The airline sector by itself is challenging, and the pandemic just made it more so. Leading airlines are plagued by steep reductions in occupancy levels, fluctuating demand, and the absence of solid, reliable historical data to back pricing decisions.
In every conversation with a customer, one key conversation we have with them is to understand if AirGain 2.0 made it easier for them to not only test their pricing strategies but also made it faster and agile to make changes to the system.
At this point, most airlines would have been running to full capacities, raking in profits on almost all routes. However, Covid-19 had other plans for us. The pandemic which struck havoc in late 2019 has left most airlines reeling in debts.