He further stated that RJ has selected PROS Revenue Management Airline Solutions Suite after an extensive evaluation of all options available. 'PROS has demonstrated that it is the most suitable and efficient system for RJ's attempt to optimize its pricing and revenue management operations.
'With the PROS Airline Solution Suite, Royal Jordanian will benefit from proven scientific forecasting and optimization techniques and sophisticated decision support tools to establish a competitive advantage in formulating revenue management and pricing strategies. The solution maximizes revenue for Royal Jordanian by optimizing inventory with the appropriate fare mix, by evaluating the right price for groups and managing the entire group business process, and by rationalizing the pricing structure to leverage network traffic mix. Exploiting PROS, the airline strives to increase its revenues by 6-8%,'
Majali pointed out.
President Airline Group at PROS Benson Yuen said: 'We are extremely honored that Royal Jordanian selected the PROS Airline Solution Suite for their revenue management mission. With the deployment of the PROS revenue maximizing business solution, this is the beginning of a long and successful partnership with one of the most established airlines in the Middle East.'
Yuen added that PROS for pricing and revenue optimization solutions was founded in 1985 in Houston, Texas. It deploys over 250 solutions across 12 major industries. PROS' clients include 17 of the top 25 carriers in the airline industry.
Over 100 of PROS' professional staff have advanced degrees, including 22 Ph.D.s, and the staff speaks a cumulative total of 26 languages.
RJ revenues reached $545 million in 2005, with an increase of 12% over 2004. The return on revenues grew from 5% in 2004 to 5.5% in 2005. The company posted net profits of more than $30 million in 2005, marking an increase of 25% over 2004.
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Posted by Anne-Birte Stensgaard, Senior News Editor


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