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Korean Air to use IBS solution to boost Cargo profitability
Business

Korean Air to use IBS solution to boost Cargo profitability

Agency News

Thiruvananthapuram, Nov 6: IBS Software launched an integrated revenue management system at Korean Air to Boost Cargo Profitability, an official statement said on Wednesday.

According to the statement, IBS Software’s iCargo platform provides intelligent operational analytics that enable Korean Air to determine the selling price of capacity and ensure maximum profitability. IBS Software’s iCargo platform has overhauled Korean Air cargo pricing model by deploying an integrated revenue management system, to improve yields and boost profitability.

An industry first, the solution provides intelligent, intuitive analysis and algorithms, fully integrated to the core sales and booking system that delivers unrivalled insight into critical commercial operations – allowing Korean Air to determine the selling price of capacity and ensure maximum profitability per shipment carried, the statement added. (UNI)