Revenue Management Analyst📣 Job Ad

About flynas and the Opportunity

flynas, a leading airline, is seeking a Revenue Management Analyst to join its team in Riyadh, Saudi Arabia. This full-time position is central to optimizing the airline's financial performance through strategic revenue management practices.

Role Purpose

The primary purpose of this role is to optimize revenue and profitability for flynas. This is achieved by meticulously analyzing demand trends, accurately forecasting passenger bookings, managing dynamic pricing strategies, and ensuring effective control over seat inventory across the network.

Key Responsibilities

• Develop accurate demand forecasts utilizing historical data, booking curves, and current market trends.
• Analyze route performance metrics including load factors, RASK, yield, and overall revenue contribution.
• Identify opportunities for revenue enhancement and recommend appropriate corrective actions.
• Recommend competitive pricing strategies while maintaining revenue integrity.
• Monitor competitor pricing, market trends, and fare movements on a daily basis.
• Conduct fare elasticity and price-sensitivity analyses to inform strategic decisions.
• Manage booking classes and seat allocations across the entire network.
• Optimize overbooking levels based on historical no-show rates and specific route performance.
• Coordinate with Scheduling, Operations, and Sales departments to adjust seat availability as required.

Systems Management and Strategic Support

• Utilize specialized revenue management systems such as PROS, Amadeus, or Sabre for pricing and inventory control.
• Generate and automate comprehensive reports on revenue and route performance.
• Support new route performance tracking through demand estimation and break-even analysis.
• Provide data-driven insights and recommendations to ensure the financial viability of new routes.

Cross-Departmental Collaboration

The Revenue Management Analyst will engage in close collaboration with various departments, including Sales, Marketing, Network Planning, and Finance. This involves providing essential data-driven insights to support the development and execution of promotions and fare campaigns.

Experience Requirements

Candidates for this position are expected to have 5 to 10 years of relevant experience in revenue management or a closely related analytical field within the airline industry.