Rassure eyes transforming airline profitability in Mideast – The Peninsula

Rassure eyes transforming airline profitability in Mideast – The Peninsula

Doha: Sydney-based Rassure, dubbed as a global leader in revenue assurance, is currently in talks with a number of Middle Eastern carriers, including Qatar Airways in a bid to partner with the region’s airlines and help them identify and recover revenue leakage that will transform profitability in the industry, according to an official.

In an interview with The Peninsula, said airlines globally, which are just emerging from the unprecedented impact of the COVID-19 pandemic, can benefit from the company’s automated revenue auditing technology to improve their cost optimisation, as well as to recover revenue leakage. Thomas was in Doha to participate in the 8th IATA World Financial Symposium which concluded here recently.

He said: “Our focus is about transforming airline profitability. We think that what we are doing can make a big impact on an airline’s profits. On average in 2019 figures, globally, airlines make about $5.80 profit per passenger. And from our analysis, across the entire customer journey - from booking through to the last coupon being flown - there’s revenue leakage of around $1.50. This dollar-fifty, if you are to recover it, will form almost 25 percent increase in airline profits. Basically, there are many things that drive and