PROS® announced that Jeju Air has selected PROS to strengthen its revenue management capabilities. PROS Revenue Management was chosen due to its intuitive functionality, scalability, accurate forecasting and insights, which Jeju Air will use to optimize revenue and support its business objectives.
MyungSeop Yoo, Chief Commercial Officer of Jeju Air, said “We selected PROS Revenue Management to help our company grow as we expand our destinations and fleet. Beyond its best-in-class technology, PROS will play a strategic role in training our team on the latest revenue management best practices, which will enable us to accelerate our growth.”
PROS Revenue Management combines the company’s revenue management expertise with automation to help airlines make confident decisions. It features science-based demand forecasting and optimization with decision support. PROS Revenue Management features specific functionality to benefit the LCC and point-to-point market, which leverages the strength of PROS Origin and Destination (O&D) network level capability.
“Jeju Air is the first and the largest low-cost carrier in South Korea,” said PROS Travel President Benson Yuen. “It required a solution that would continuously evolve along with its needs to provide the best options to customers while achieving profitable network growth. We are honored to help Jeju Air on its journey of delivering value and maximizing revenue.”
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