Revenue Management Forecasting
March 11, 2021
As we are getting towards the end of the first quarter of 2021, we can see that air traffic is picking up and that several projects are being revamped. But fundamental to a sustainable restart is the recovery of passenger revenues, and particularly a proper forecast of the revenues to come. To give some insight, our Managing Partner Andrea Riesen has summarised her thoughts on Revenue Management (RM) Forecasting in a TiM QuickView paper. It provides an excellent overview of forecasting best practices and guides the reader from the theoretical background of RM to a best practice approach, where Andrea shares her experiences from working within various airline revenue management departments. Feel free to download your personal copy of the whitepaper here.
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