Location: RedQ, Kuala Lumpur
Department: Route Revenue (Commercial)
Entity: AAAMS
Status (Full time/part time/contract): Full time
JOB DESCRIPTION:
YOUR ROLE AS A REVENUE MANAGEMENT HEAD, ROUTE REVENUE
The Revenue Management Head is responsible for driving the revenue optimization strategy of the organization by developing, implementing, and managing pricing, inventory, and sales strategies. This role works closely with various departments to ensure revenue targets are met and market opportunities are maximized. The manager will utilize data analysis, market trends, and customer insights to create actionable strategies that drive profitability while maintaining a competitive position in the marketplace.
WHAT YOU’LL CHAMPION:
Revenue Strategy Development:
Lead your team to develop, implement, and refine revenue management strategies to maximize profitability across all revenue streams
Create and maintain pricing strategies based on market demand, competition, and seasonality.
Monitor competitor pricing and adjust strategies to stay competitive in the marketplace.
Analyze customer segmentation and demand patterns to optimize pricing and inventory decisions.
Monitor and analyze revenue performance, providing insights and recommendations to senior management to achieve financial goals.
Utilize revenue management systems (RMS) to make dynamic pricing decisions based on real-time data.
Ensure proper implementation and monitoring of pricing changes across all sales channels.
Forecasting & Reporting:
Prepare and manage accurate revenue forecasts, ensuring alignment with business objectives and market conditions.
Provide weekly, monthly, and quarterly revenue reports to senior leadership, including variance analysis, trends, and performance updates.
Assess historical data to predict future demand and assist in decision-making regarding inventory and pricing.
Collaboration & Stakeholder Management:
Work closely with sales, marketing, and network teams to ensure alignment between revenue management strategies and business objectives
Provide guidance and support to sales teams, including input on promotions, special offers, and pricing adjustments.
Collaborate with the finance team to ensure revenue targets are met and to provide data for the profitability process.
Foster a collaborative environment within the revenue management team and other departments.
Improvement & Innovation:
Continuously assess and improve revenue management processes and strategies.
Implement and track the effectiveness of new initiatives and technology solutions to improve revenue outcomes.
Lead your team of Manager(s) and Analysts to achieve revenue targets and goals, mentoring them to drive route performance in alignment with agreed strategies and goals
WHO YOU ARE:
Bachelor’s degree in Business, Finance, Economics, or a related field. A Master’s degree or professional certification in Revenue Management is a plus.
8+ years Experience in Airline Revenue Management, pricing, or related fields, with at least 2 years in a managerial role. Similar experience in Hotel, Online Travel Agent Revenue Management or related fields in the travel industry will also be considered
Strong analytical and problem-solving skills, with a data-driven approach to decision-making.
Proficient in revenue management systems (RMS), Excel, and data analysis tools.
Excellent communication and interpersonal skills, with the ability to work cross-functionally and to present complex data to senior leadership
Ability to think strategically while managing day-to-day operations.
In-depth understanding of market dynamics, pricing strategies, and customer segmentation.
Experience in forecasting, budgeting, and reporting.
Intermediate proficiency in Excel or Google suites (Sheets, Docs and Slides)
Prior experience in Navitaire PSS would be a strong advantage
Prior experience in Google BigQuery would be a strong advantage
WHERE YOU’LL GO:
Dispatcher to captain, ramp agent to data analyst, brand executive to CEO - these are some Dare To Dream stories of our Allstars.
WHAT YOU’LL ENJOY:
Physical Wellbeing: Key medical and insurance benefits, maternity expenses, flexible work arrangement, and health and fitness amenities.
Emotional Wellbeing: Paid time off, wellness programmes, and childcare amenities.
Financial Wellbeing: Resources relating to financial, personal skills and career growth programmes.
Allstars Specials: Free flights, unlimited discounted flights, and exclusive discounts with partners.
A unique Allstar culture like no other
OUR HIRING PROCESS:
Application received
Candidate screening
Interview(s) and assessment(s)
Background check and/or other assessments
Offer and negotiation
GET TO KNOW AIRASIA:
AirAsia has been the World's Best Low-Cost Airline for 14 consecutive years with over 800 million guests flown. We continue to champion dreams, serve the underserved and connect the world and Asean like no other so Now Everyone Can Fly.
GET TO KNOW US:
Our story begins in 2001 with a dream, two planes and a 40 million ringgit debt. You’ll know us as the ‘Now Everyone Can Fly’ airline (if you don’t, we’re definitely older than you).
Today, we’re more than just an airline. We’re Capital A - a world-class brand that wears many hats. Our mission is to connect people and transform lives in Asean.
Above all, we’re Allstars. We believe in the unbelievable and we dare to dream. We also believe in celebrating all individuals. So no matter your culture and background or if you prefer aisle seat to window seat, we’re excited to have you onboard.
Search Firm Representatives - We do not accept unsolicited assistance from search firms for employment opportunities. All CVs/resumes submitted by search firms to any of our employees without a valid written search agreement in place will be deemed as our sole property. No fee will be paid when a candidate is hired by us as a result of an agency referral when there is no pre-existing agreement in place.
We are all different - one talent to another - that is how we rely on our differences. At AirAsia, you will be treated fairly and given all chances to be your best.We are committed to creating a diverse work environment and are proud to be an equal opportunity employer.
Search Firm Representatives - AirAsia does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place.