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Implementation of JDA Software’s Cargo Revenue Optimizer Software is Expected to Increase Profits by Improving Forecasting Capabilities and Optimizing Capacity Management
JDA® Software Group, Inc. (NASDAQ: JDAS), The Supply Chain Company®, today announced that Cathay Pacific Airways Ltd is implementing JDA® Cargo Revenue Optimizer to help improve profitability in the airline’s cargo operation. Over the course of a three-phased rollout, the solution will enable the Hong Kong-based airline to determine the most cost-effective cargo capacity and rates for each flight or route using historical data and complex optimization algorithms. Cathay Pacific is initially implementing JDA Cargo Revenue Optimizer for its medium-term contract business and subsequently for its non-contracted spot-market business. In the final implementation phase, the solution will provide the airline with real-time booking evaluation capabilities. “Cathay Pacific Cargo has a long history of strong revenue management,” said Vivian Lo, Manager Cargo Sales and Marketing, Cathay Pacific Airways. “We started redesigning our business processes to create an integrated revenue management organization a few years ago, improving our capabilities in forecasting, analysis, revenue planning and decision making. The successful implementation of JDA Cargo Revenue Optimizer is the next critical step toward achieving this integrated system, and we are confident that it will deliver significant benefits in terms of automation and profitability optimization.” Andy Archer, JDA’s Regional Vice President, Services Industries, said, “JDA’s Revenue Management solutions are designed to deliver significant financial improvements for air-cargo carriers like Cathay Pacific. The company’s cargo division has meticulously aligned its organization to meet future challenges, carrying out its own research into next-generation revenue management. We are delighted that after such a diligent and rigorous selection process, Cathay Pacific elected to work with JDA for our established track record of delivering real results through optimized decision-support solutions. We look forward to helping Cathay Pacific make the most out of every transaction now and in the future to support the airline’s profitability goals.” To learn more about JDA Cargo Revenue Optimizer and JDA’s industry-leading Revenue Management solutions, visit JDA at Booth 5 at the International Air Transportation Association (IATA) World Cargo Symposium in Vancouver, March 8-11. Additionally, JDA will exhibit at Booth 97 at the AirCargo 2010 conference in Orlando, Fla., March 14-16. For more information, visit www.jda.com. |
Cathay Pacific Airways and JDA Software embark on a comprehensive revenue management project
