Revenue Management Analyst

1 month ago

Toronto, Ontario, Canada Porter Airlines Full time
Job Summary

This role is responsible for driving revenue growth and optimizing pricing strategies across Porter Airlines' network. The successful candidate will work closely with the Inventory Management team to implement and refine market strategies, ensuring optimal revenue generation.

Key Responsibilities
  • Implement and maintain Porter's public and private fare strategy, providing recommendations for improvement and ensuring alignment with business objectives.
  • Collaborate with the Inventory Management team to coordinate market strategies, optimize pricing, and drive revenue growth.
  • Manage and administer the process of implementing public/private fare filings in ATPCO, ensuring accuracy and compliance.
  • Perform detailed analysis of key performance indicators (KPIs), track performance against goals, and identify revenue opportunities and leakage holes.
  • Maintain pricing and revenue management system parameters to deliver on the chosen course of action, ensuring data and revenue integrity.
  • Monitor and analyze competitor fare initiatives and day-to-day pricing adjustments to ensure competitiveness and inform strategic decisions.
  • Liaise with internal commercial and operational stakeholders to ensure policy and required customer experiences are realized on a day-to-day basis.
  • Support all commercial and/or applicable operational initiatives to successful completion, ensuring seamless execution and effective communication.
Behavioural Competencies
  • Concern for Safety: Identify hazardous or potentially hazardous situations and take appropriate action to maintain a safe environment for self and others.
  • Teamwork: Work collaboratively with others to achieve organizational goals, fostering a culture of collaboration and open communication.
  • Passenger/Customer Service: Provide service excellence to internal and/or external customers, ensuring a positive experience and building strong relationships.
  • Initiative: Deal with situations and issues proactively and persistently, seizing opportunities that arise and driving results.
  • Results Focus: Focus efforts on achieving high-quality results consistent with the organization's standards, prioritizing tasks and managing time effectively.
  • Fostering Communication: Listen and communicate openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.
Qualifications

Previous airline pricing and revenue management experience is an asset. A university degree with a focus in Economics, Marketing, Finance, Network Planning, Strategic Planning, Operational Research, Mathematics, or Engineering is required. MBA or M.Sc is a plus. Strong quantitative and analytical skills, strong organizational skills, and working knowledge of industry revenue management systems are essential.

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