ITC Infotech > Resources > Case Studies > Algorithmic Revenue Management Solutions

Algorithmic Revenue Management Solutions

July 18, 2022
Algorithmic Revenue Management Solutions

Client:

Customer is a leading low-cost carrier.

Problem Statement:

In these challenging times, the airline industry is under pressure to grow revenues & reduce costs post-pandemic, and revenue management is one of the key areas to focus on. The carrier wanted to increase its passenger load without compromising yield management to efficiently manage inventory utilization and improve network profitability.

Benefits Achieved:

ITC Infotech’s team implemented ML-driven solutions following analytical models to enable data-driven revenue management strategies. This resulted in a 7% improvement in yield, a 5% increase in monthly overbooking, and a 8% increase in last-minute bookings as compared to the previous year.

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Beware of fraudulent and fake job offers

It has come to our attention that certain employment agencies and individuals are asking people for money in exchange for a job at ITC Infotech.

Such Agencies/individuals could impersonate ITC Infotech’s officers, use the company name/logo, brand names and images illegally, without authorization, and/or try to extract money towards security deposit, documentation processing fees, training fees, and so on.

Please note that ITC Infotech never asks job applicants or members of the public to pay money in any form while recruiting.

Feel free to reach out to us at contact.us@itcinfotech.com to report any such incidents that you may have experienced, please use the subject line “Recruitment Fraud Alert” in your message.

Always exercise caution and stay protected against fraud:

  • Do not pay money or transfer funds to anyone toward securing an ITC Infotech job. ITC Infotech will not accept liability for any losses that may have been suffered by the victims of such fraudulent activities.
  • Be careful when sharing your personal information and protect yourself from potential damage. Do not engage with people who fraudulently misrepresent ITC Infotech or its employees/officers and try to solicit payments under the pretext of offering jobs.

View Current Openings

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