09 sep
|
LEVEL
|
Viladecans
LEVEL is a long-haul airline based in Barcelona and part of the IAG group. The company is customer-centric and places a strong emphasis on values such as commitment, an open attitude, a constant drive for improvement, and making travel easy for their customers. With a focus on providing an exceptional customer experience, LEVEL is committed to delivering top-notch service and exceeding the expectations of their passengers
Job Purpose
Maximize CRASK through the strategic management of fare class availability and overbooking profiles. The Inventory Manager will be responsible for balancing forecasted demand with seat capacity to ensure each seat is sold at the optimal price point, minimizing spoilage while protecting inventory for high-yield passengers.
The inventory management manager reports to the Head of Revenue Generation.
Main Accountabilities
- Fare Class Inventory Control: Manage and optimize the availability of all fare buckets across assigned routes to maximize Revenue per Available Seat Kilometer.
- Overbooking Strategy Implementation:
Define and monitor overbooking profiles based on historical no-show data and cancellation patterns to minimize spoilage while controlling denied boarding costs.
- Demand Forecasting: Analyze historical booking trends, seasonality, and market events to develop accurate demand forecasts that drive inventory opening/closing decisions.
- Yield & Load Factor Optimization: Balance the trade-off between filling the aircraft (Load Factor) and achieving the highest possible average fare (Yield).
- Market & Competitive Monitoring: Track competitor inventory moves and pricing actions to adjust availability tactics in real-time, ensuring the airline remains competitive and captures market share.
- Performance Reporting & KPIs: Monitor and report on key performance indicators such as CRASK, Yield, Load Factor, and Sell-up rates to identify revenue leakage or growth opportunities.
- Cross-functional Collaboration: Work closely with the
📌 Inventory Management Manager (Viladecans)
🏢 LEVEL
📍 Viladecans