ADDISON, Texas, July 05, 2022†BUSINESS WIRE)–Sauda Cargo, one of the largest airlines in the Middle East, has partnered with Revenue Technology Services (RTS) in its cargo division.
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The partnership includes the implementation of a revenue scheduling solution, foresightprice solution, Speed up, as well as a revenue management solution, Speed†
The three-tier solution is hosted in RTS’s private cloud environment.
foresight helps airlines determine the value of cargo on a schedule, set and track revenue and sales targets.
Speed up helps airlines negotiate optimal contract, spot and fare rates along with generating rate sheets and provides real-time reviews.
Speed forecasts short and long-term capacity and demand and evaluates each booking for profitability.
Sound Machine learning and AI (Artificial Intelligence) based algorithms are the foundation for all three solutions. Saudia Cargo joins the growing freight community at RTS.
Raja Kasilingam, President of RTS: “We are very excited about this partnership as we begin to implement all three of our freight solutions at Saudia Cargo. RTS is proud to be part of Saudia Cargo’s strategy to bring the best products to their customers. while maintaining sustainability on all fronts.”
This partnership demonstrates the leadership and drive of both companies to challenge the industry standard and their goal to make significant improvements in the way air freight is handled. This drives RTS in its quest to be the freight solution of choice in the airline industry, by integrating advanced forecasting and optimization algorithms, as well as advanced features needed for improved pricing, revenue management and revenue planning.
Mansour Alasmi, Executive Director Network & Revenue Management at Saudia Cargo said: “In an ongoing effort to be at the forefront of innovation, it is essential for us to use the latest technology and embrace digitalisation; this can enhance 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 excited to have Saudia Cargo, a coveted brand, in my client portfolio and the fact that they have chosen multiple solutions from our suite speaks volumes about the possibilities and benefits of the solution suite.”
About RTS: Revenue Technology Services (RTS) provides solutions and services that help their customers increase margins, improve the customer experience, increase employee productivity and support their growth. RTS solutions target travel and transportation industries to provide analytics, software solutions, consulting and education services, operational research capabilities, technology services, and IT development support. RTS is headquartered in Dallas, Texas, with offices in London-UK (UK), Cape Town-South Africa and Pune, Chennai, Hyderabad, Bengaluru, Chandigarh-India. For more information about RTS, please visit: www.rtscorp.com
About Saudia Cargo:
Saudia Cargo serves an extensive global network on four continents, 225 international destinations and 26 domestic destinations, operates a dedicated cargo fleet and offers ample cargo capacity on its passenger flights in Asia, Africa, Europe and the US.
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