Associate Manager / Manager Revenue Management

Air India Express

Gurugram District

On-site

INR 1,500,000 - 2,500,000

Full time

4 days ago
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Job summary

Air India Express in Gurugram seeks a Senior Revenue Manager to design and own revenue and route management strategies, optimizing revenue across distribution channels and aligning with organizational targets.

You will lead teams, monitor passenger metrics, benchmark against competitors, and drive automation and pricing analytics, including AI/ML, to maximize revenue per flight. Collaboration with Commercial Heads and inventory input is essential.

Qualifications

  • Masters/MBA/PGDM/PG degree, preferably in Finance or Economics.
  • Minimum 5-8 years of experience with Airlines or OTA.

Responsibilities

  • Design and own revenue & route management strategy to optimize revenue generation, in line with overall organizational targets.
  • Prepare tactical, customized revenue management strategies for different distribution channels.
  • Lead teams to track and monitor revenue and passenger metrics; coordinate with other departments as needed.
  • Maintain routes in line with performance and budget expectations via fare-class management and inventory input.
  • Regularly identify areas of revenue leakage and build tactical strategies to close them.
  • Ensure revenue management, route & automation activities maximize revenue per flight in all scenarios.
  • Collaborate with Commercial Function Heads to align revenue activities with sales/channel strategies.

Skills

Team Management
Critical Thinking
Strong analytical abilities
Revenue management system expertise
Market awareness of tools and systems

Education

Masters/MBA/PGDM/PG degree, preferably in Finance or Economics

Tools

Revenue management systems

Job description

Job Purpose :


  • Ensure that revenue generation is optimized through the application of right pricing strategy and inventory allocation, for all distribution channels

  • Support on all issues relating to reservation/booking systems


Key Accountabilities

Strategic Activities


  • Design and own the revenue & route management strategy to optimize revenue generation, in line overall organizational targets

  • Prepare tactical, customized revenue management strategies for to suit different distribution channels


Revenue & Route Management


  • Keep track of competitor revenue and route management metrics

  • Keep abreast of industry best practices on revenue management, best-in-class systems and tool, pricing analytics, etc.

  • Lead teams to track and monitor revenue and passenger metrics; follow-up with team and other departments (as necessary) in case targets are not met

  • Direct teams to periodically benchmark and monitor revenue & route strategy against competitors

  • Direct and enable team to take decisions on maximizing revenue per flight

  • Maintain routes in line with performance and budget expectations through the careful management of the fare-class system and provide input on inventory management of seat sales

  • Regularly identify areas of revenue leakage and build tactical strategies to close the same

  • Ensure revenue management, route & automation activities work in tandem to maximize revenue per flight in all scenarios

  • Collaborate and interact with other Commercial Function Heads to ensure revenue management activities are in line with overall sales / channel strategies


Revenue Management System & Automation


  • Provide guidance to team on resolution and support for reservation and booking system related queries

  • Accountability for improving/automating revenue management process, pricing, forecasting models, systems, and tools; ascertain the implementation of AI/ML, predictive modelling, etc. in this area


Team Management


  • Provide direction and tactical guidance on revenue & route management and automation decisions to the team as and when required

  • Support, nurture and develop the team members’ skills required for revenue management, route management & automation


Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the Primary responsibilities and agreed between the incumbent, reporting officer and HR.


Skills Required for the role:

Team Management


Critical Thinking


Strong analytical abilities


Revenue management system expertise


Market awareness of tools and systems available


Key Interfaces

Leadership Interfaces


Senior Management



  • Prepare detailed reports and suggestions to the senior Management on change in revenue management strategy in accordance with needs and requirements


Internal Interfaces


Commercial



  • Collaborate and interact with other Commercial Function Heads to ensure revenue management and pricing activities are in line with overall sales / channel strategies


External Interfaces


Third Party Vendors/Suppliers



  • Lead and manage the airline’s RM services and system suppliers to deliver targeted performance outcomes


Regulatory Authorities



  • Oversee all RM contracts and agreements; ensure compliance with regulatory requirements


Educational and Experience Requirements

Masters/MBA/PGDM/PGP/PG degree, preferably in Finance or Economics


Minimum Requirement - 5-8 years of experience with Airlines or OTA .

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