With COVID-19, airline industries are anticipating a revenue loss of $252B. Tens of thousands of airline ticket refund applications, the country-wise imposition of constantly changing measures, and airline regulatory compliance are some prominent issues that need to tackle this challenge smartly.
Current circumstances also present an unprecedented opportunity to break the patterns of “farming model” and strengthen the revenue leakage recovery by utilising the disruptive technology that has already proven its worth. Our system has already identified millions in annual revenue leakage and lost profits.
Rassure is IATA strategic partner and ATPCO Platform Partner since 2016. Being a proactive data-based audit solution for airlines, we follow an innovative path during these testing times. In the last few years, our technology experts have heavily advocated that revenue leakage today is highly unseen. It is equivalent to an undirected waiver policy. “Not detected” and “not seen” leads to lost profits that range from $20M to $60M for a $2B airline.
Rassure helps airlines to reclaim the lost efficiency by its state of the art technology.
RAX ™, our automatic solution with established credibility of detecting the revenue violations, provides an opportunity of maximum revenue recovery by processing millions of transactions every hour. Rassure, being confident in the expertise and the resources invested in the development of its latest technology, also seeks its utilisation during this dismal time.
We at Rassure offer following strategic interventions to help your airline recover and take control of your revenue during the pandemic;
- Audit COVID-19 Exchange & Refunds Automatically
- Audit frequency at your choice: Daily, Weekly, Fortnightly, Monthly
- Inclusion of ”performance dashboard” in the business process improvement plan
- Revenue leakage/violation detection system using smart analytics (RAX ™)
We help you thrive on improved earning per share, increased efficiency, least costs on ADM, and aim at building a sustainable business model in the times of crisis. Rassure enables you to avoid a sizeable profit impact by saving costs and achieving financial efficiency within the least possible time.
The prevailing uncertainty has sparked a debate over the role of leaders across the world. Emerging from this unprecedented crisis requires a new level of confidence, courage, and forward-looking attitude. Taking control of your Airline revenue is a leadership choice that eventually results in improved decisions hence achieving the organisation’s purpose optimistically. Finally Every Dollar Saved is Every Dollar Earned.