Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, July 05 2022 - 20:09
AsiaNet
Saudia Cargo Selects RTS Cargo Suite for Revenue Management (Velocity), Pricing (AcceleRate) and Revenue Planning (Foresight) Solutions
JEDDAH, Saudi Arabia, July 5, 2022, /PRNewswire-AsiaNet/--

Saudia Cargo, one of the largest middle eastern airlines, has partnered with 
Revenue Technology Services (RTS) in the cargo division.

The partnership entails the implementation of a Revenue Planning solution, 
Foresight, pricing solution, Accelerate, as well as revenue management 
solution, Velocity.

The three-pronged solution will be hosted in RTS private cloud environment.

Foresight helps airlines to determine the value of cargo in a schedule, set 
revenue and sales targets and track them. 
Accelerate helps airlines to negotiate optimal contract, spot, and tariff rates 
along with generating rate sheets and offers real time rating.
Velocity forecasts short-term and long-term capacity and demand and evaluates 
each booking for profitability.
Sound Machine learning and AI (Artificial Intelligence) based algorithms are 
the base for all three solutions. With this, Saudia Cargo joins the growing 
cargo community at RTS.

Raja Kasilingam, President of RTS commented, "We are quite excited about this 
partnership as we begin implementing all three of our cargo solutions at Saudia 
Cargo. RTS is proud to be part of Saudia Cargo's strategy to provide the best 
products to their customers while maintaining sustainability on all fronts." 

This partnership demonstrates the leadership and drive shown by both companies 
to challenge the industry norm and their aim to make significant improvements 
to how air cargo is handled.  This incentivizes RTS in its pursuit to being the 
cargo solution of choice in the airline industry, by integrating advanced 
forecasting and optimization algorithms, as well as cutting edge features 
required for enhanced pricing, revenue management and revenue planning.

Mansour Alasmi, Executive Director of Network & Revenue Management at Saudia 
Cargo commented: "In a continuous effort to be at the forefront of innovation, 
it's essential for us to utilize the latest technology and embrace 
digitization, this can uplift the quality of our services significantly 
allowing us to reach new heights."

Mukundh Parthasarathy, Senior Vice President for Revenue Technology Services 
added, "I am super thrilled to have Saudia Cargo, a coveted brand, in my 
customer portfolio and the fact that they picked multiple solutions from our 
suite speaks volumes about the solution suite capabilities and benefits" 

About RTS: Revenue Technology Services (RTS) offers solutions and services that 
help their customers to increase margins, improve customer experience, enhance 
productivity of their employees, and support their growth. RTS solutions are 
aimed at travel and transportation verticals to provide analytics, software 
solutions, consulting and education services, operations research capabilities, 
technology services and IT development support. RTS is headquartered in Dallas, 
Texas with offices in London- UK (United Kingdom), Cape Town -South Africa and 
Pune, Chennai, Hyderabad, Bengaluru, Chandigarh- India. To learn more about 
RTS, please visit www.rtscorp.com

About Saudia Cargo:

Saudia Cargo serves an extensive global network spanning four continents, 225 
international destinations, and 26 domestic destinations, operates a dedicated 
freighter fleet and offers ample cargo capacity on its passenger flights across 
Asia, Africa, Europe, and the USA.

Contact:

Patrick Mashegwana
p.mashegwana@mcgroup.com
Phone: +49(0)3065000435

SOURCE: Saudia Cargo