PR96868

JEDDAH, Saudi Arabia, July 5, 2022, /PRNewswire=KYODO JBN/--

Saudia Cargo, one of the largest middle eastern airlines, has partnered with

Revenue Technology Services (RTS) in the cargo division.

The partnership entails the implementation of a Revenue Planning solution,

Foresight, pricing solution, Accelerate, as well as revenue management

solution, Velocity.

The three-pronged solution will be hosted in RTS private cloud environment.

Foresight helps airlines to determine the value of cargo in a schedule, set

revenue and sales targets and track them.

Accelerate helps airlines to negotiate optimal contract, spot, and tariff rates

along with generating rate sheets and offers real time rating.

Velocity forecasts short-term and long-term capacity and demand and evaluates

each booking for profitability.

Sound Machine learning and AI (Artificial Intelligence) based algorithms are

the base for all three solutions. With this, Saudia Cargo joins the growing

cargo community at RTS.

Raja Kasilingam, President of RTS commented, "We are quite excited about this

partnership as we begin implementing all three of our cargo solutions at Saudia

Cargo. RTS is proud to be part of Saudia Cargo's strategy to provide the best

products to their customers while maintaining sustainability on all fronts."

This partnership demonstrates the leadership and drive shown by both companies

to challenge the industry norm and their aim to make significant improvements

to how air cargo is handled.  This incentivizes RTS in its pursuit to being the

cargo solution of choice in the airline industry, by integrating advanced

forecasting and optimization algorithms, as well as cutting edge features

required for enhanced pricing, revenue management and revenue planning.

Mansour Alasmi, Executive Director of Network & Revenue Management at Saudia

Cargo commented: "In a continuous effort to be at the forefront of innovation,

it's essential for us to utilize the latest technology and embrace

digitization, this can uplift the quality of our services significantly

allowing us to reach new heights."

Mukundh Parthasarathy, Senior Vice President for Revenue Technology Services

added, "I am super thrilled to have Saudia Cargo, a coveted brand, in my

customer portfolio and the fact that they picked multiple solutions from our

suite speaks volumes about the solution suite capabilities and benefits"

About RTS: Revenue Technology Services (RTS) offers solutions and services that

help their customers to increase margins, improve customer experience, enhance

productivity of their employees, and support their growth. RTS solutions are

aimed at travel and transportation verticals to provide analytics, software

solutions, consulting and education services, operations research capabilities,

technology services and IT development support. RTS is headquartered in Dallas,

Texas with offices in London- UK (United Kingdom), Cape Town -South Africa and

Pune, Chennai, Hyderabad, Bengaluru, Chandigarh- India. To learn more about

RTS, please visit www.rtscorp.com　

About Saudia Cargo:

Saudia Cargo serves an extensive global network spanning four continents, 225

international destinations, and 26 domestic destinations, operates a dedicated

freighter fleet and offers ample cargo capacity on its passenger flights across

Asia, Africa, Europe, and the USA.

Contact:

Patrick Mashegwana

p.mashegwana@mcgroup.com

Phone: +49(0)3065000435

SOURCE: Saudia Cargo