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With the publication of T2RL's annual report on the market for Revenue Management and Dynamic Pricing systems, Dieter Westerman and Rasih Ustun talk to Ian Tunnacliffe about where RM fits in the world of OOSD, the growing importance of AI capabilities and the possible pitfalls of Willingness to Pay modelling.
The business case for Offer-Order-Settle-Deliver depends on enhancing airline revenues. Some of that will come from the introduction and expansion of dynamic pricing but what are the other opportunities?
Hear Justin Jander, Director Product Management, PROS in conversation with Rasih Ustun, Jerry Foran and Ian Tunnacliffe, T2RL as they set the stage for one of the key themes of the conference in 2025, 22 - 24 September, London, enhancing revenue.
Ian Tunnacliffe talks to Keith Martin and Ian Luck about the movements and successes highlighted by our latest publications about OOSD and retailing.
While some airlines have gone all-in on direct distribution many will be selling through the travel trade for the foreseeable future. In advance of the T2RLEngage 2024 conference, hear Ian Luck and Emma Forrest in conversation with Ian Tunnacliffe exploring how airlines and their travel agent partners can work together to unlock the value promised by OOSD.
This is a key theme that will be addressed at T2RLEngage, 23 - 25 September in London.
Register here to attend.Download the latest Offer, Order, Settle, Deliver Status
Report summary here for more.
*Current T2RL data shows GDS NDC implementations to be between 20-40 airlines dependent on the GDS.
Changing the engines in mid-flight - the challenges of transition
Everybody agrees that there will be long transition period before Offer, Order, Settle, Deliver (OOSD) is adopted universally. This will impact business process and technology alike. In this conversation we identify some of the key challenges in keeping one foot in the old world and one in the new. Hear Ian Tunnacliffe, T2RL and Mike Tansey, Growth Markets Travel Industry Leader, Accenture discussing the challenges.
Register for the conference HERE
Can the DCS still deliver?
If airlines are to achieve the full benefits of the move to Offers and Orders then the systems that manage the point of delivery must evolve. In this discussion we will consider whether today's DCS can evolve to meet the requirements or if we need a fresh start. Hear Shawn Richards, CEO Ink Innovation in discussion with Ian Tunnacliffe, T2RL as they explore the details.
Register for the conference HERE
It sounds simple to include all the information about a customer's interaction with an airline in a single retail-style Order. But 60 years of refinement to processes built on PNRs and tickets mean that there is a definite devil in the detail.
Listen to Bert Craven, Jonathan Hutchinson and Ian Tunnacliffe from T2RL in discussion with Sally Gethin, Aviation journalist & Commentator at Gethin's Inflight News discussing what Orders will look like and how they need to be managed.
As the airline industry moves towards modern retailing and distribution using OOSD the subject of payments becomes more important.
Payments experts Pascal Burg and Anna Almqvist talk to Ian Tunnacliffe about the growing importance of payment orchestration and the options that airlines have about whether to buy in solutions or to build their own.
Both Anna and Pascal will be continuing the conversation at T2RL Engage 2024 in September.
Registration is now open at
https://eu.avolio.swapcard.com/T2RLEngage2024/registrations/Start%20General%20Registration_mc=t2rlcom
In 2023, passenger volumes closely approached pre-pandemic levels, as detailed in our latest comprehensive Global Passenger Volumes 2023 review. T2RL projections for 2024 are between 4.5 and 4.8 billion passengers boarded. This year may be pivotal for the drive to shift from EDIFACT to New Distribution Capability (NDC).
The level of awareness of NDC among sellers, distributors, and IT vendors is getting higher. In our second OOSD update in 2024 we concentrated on the IATA standards NDC and ONE Order, but over time it has become clear that these are just two aspects of a wider-ranging move to a more retail-oriented approach by the world’s airlines.
In this podcast Ian Tunnacliffe is joined by Bert Craven and Ian Luck to unpick the detail on market initiatives and developments to modernise airline sales and fulfilment technology.
Download the free summary report https://insight.t2rl.com/OOSD-Status-Report-May-2024/summaryreportrequest.html
In the lead up to the T2RLEngage 2024 industry conference - The New Reality of Travel Retailing - we will addressing some of the key themes to be addressed in the conference agenda.
Airlines have developed sophisticated techniques to optimise the revenue they can obtain from their inventory of seats for sale.
How many of those techniques will still be applicable as we move into a world where every Offer is uniquely constructed on demand?
Moderator Ian Tunnacliffe and his guest expert speakers Rasih Ustun and Jerry Foran consider how today's revenue management will evolve into tomorrow's dynamic Offer construction.
Download the conference brochure to find out more, https://insight.t2rl.com/T2RLEngage-Brochure/brochurerequest.html
© 2024 T2RL, Travel Technology Research Ltd.
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