{"id":579675,"date":"2023-05-27T09:21:39","date_gmt":"2023-05-27T03:51:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=579675"},"modified":"2023-05-27T09:43:27","modified_gmt":"2023-05-27T04:13:27","slug":"air-india-will-move-to-better-ticket-pricing-system-in-a-few-mths-md-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-will-move-to-better-ticket-pricing-system-in-a-few-mths-md-ceo\/","title":{"rendered":"Air India will move to better ticket pricing system in a few mths: MD &amp; CEO"},"content":{"rendered":"<p>Air India will move to a better ticket pricing or the revenue management (RM) system in a few months to achieve profitability, said Campbell Wilson, chief executive officer and managing director of the airline, on Friday. The airlines will move to a network-based RM system, bringing it on par with the other top airlines of the world. <\/p>\n<p>Currently, Air India works on segment-based RM system that forecasts demand and sets ticket prices for each leg of a passenger&#8217;s journey. On the other hand, the network-based RM forecasts demand and optimises ticket prices keeping in mind the entire journey of the passenger.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air India will move to a better ticket pricing or the revenue management (RM) system in a few months to achieve profitability, said Campbell Wilson, chief executive officer and managing director of the airline, on Friday. The airlines will move to a network-based RM system, bringing it on par with the other top airlines of the world. Currently, Air India works on segment-based RM system that forecasts demand and sets ticket prices for each leg of a passenger&#8217;s journey. On the other hand, the network-based RM forecasts demand and optimises ticket prices keeping in mind the entire journey of the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-579675","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/579675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=579675"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/579675\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=579675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=579675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=579675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}