in

RJ uses PROS for revenue management solutions

Royal Jordanian and PROS, a leader in pricing and revenue optimization science and software, and a provider of revenue optimization to the travel and transportation industry, have signed a partnership agreement whereby RJ will make use of PROS Airline Solutions Suite, which includes the PROS 6 Revenue Management System, the PROS Group System and the PROS Network Revenue Planning System (NRPS).





related stories
'As Royal Jordanian continues its expansion and prepares for membership in the oneworld alliance, our objective is to find the best solution from the best provider. Our expectation is that the PROS Suite of systems will enable us to maximize revenue from all segments of passenger business with renewed strategic and tactical focus,' said RJ President and CEO Samer Majali.

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.




request information Log in to request more information from Royal Jordanian

Notes and media contacts

Rana Sam'an
senior PR officer
Public Relations Dept.
Royal Jordanian Airline
PO Box 302, Amman, Jordan
Telephone: (009626) 5607300 ext.:666
Fax: (009626) 5684451
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Monday, May 15 - 2006 at 16:24 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.


Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions

Sponsored Links

Email newsletters »

Business Directory »

The news you choose

News and Articles »

Today's top stories »

 

Current Events »

Advertisement »