Airline alliances revolutionize revenue management, maximizing profits and efficiency.
Revenue management systems in the airline industry help maximize profits by forecasting demand and optimizing seat inventory. With the rise of airline alliances, the need for alliance revenue management has emerged. Two main approaches are centralized revenue management, treating alliance networks as one, and decentralized revenue management, allowing individual control. Centralized management requires more coordination but impacts autonomy, while decentralized management maximizes combined revenues and individual airline profits.