FLYR Revenue Management

What FLYR Revenue Management is

FLYR Revenue Management is an airline revenue management product within FLYR’s Cirrus Revenue Operating System. It helps airlines optimize passenger revenue by using flight, ancillary, and fare family values. Deep learning produces revenue and load factor forecasts, while continuous class-agnostic pricing supports fare decisions. The platform also includes reporting, analytics, and controls. FLYR uses reinforcement learning and offline policy evaluation to estimate how a pricing model may perform before an airline runs an A/B test. Cirrus brings airline data into a single repository and unified data model, and FLYR says its cloud platform is compatible with airlines’ existing commercial systems. FLYR also says 3Victors travel analytics data enhances forecasts and helps assess automated pricing decisions across more distribution channels. The company reports completing a SOC 2 Type 1 audit covering security, availability, and confidentiality controls. It says customer data is encrypted at rest and in transit, with separate domains for customers. FLYR describes a 12-week implementation process, with its Product Success team helping airline managers and analysts transfer existing workflows. Founded in 2013, FLYR designed Cirrus for airlines of different sizes and operating models, including startup, low-cost, and network carriers. The service is web-based and paid, with pricing available on request.

Who it suits

Cirrus is designed for airlines across different sizes and operating models, including startup, low-cost, and network carriers. It may suit airline managers and analysts moving existing workflows into a revenue operating system with forecasting and pricing tools.

Getting started

1. Visit the FLYR Revenue Management website.
2. Contact FLYR for pricing.
3. Plan for the described 12-week implementation process.
4. Work with the Product Success team to transfer existing workflows.

Verdict

Airlines seeking forecasting, pricing, and revenue management in a cloud-based operating system can consider Cirrus. Look elsewhere if you need a published price or a shorter stated implementation process.