Position Summary
The Revenue Management team is responsible for maximizing ticket revenue on every flight, every day, within the JetBlue route network. The group is comprised of two teams—Yield and Pricing—that work closely together to ensure that JetBlue is selling the optimal number of tickets across the spectrum of prices available based on customer demand.
This role will focus on one of the two following areas:
Yield: As a Yield Associate Analyst, you will be responsible for the revenue performance for a portfolio of JetBlue routes, often representing more than $100 million of revenue under direct control. Within your portfolio, you will use Yield controls to determine the optimal fare to sell at any given moment in time to maximize each flight’s revenue.
Pricing: As a Pricing Associate Analyst, you will be responsible for ensuring that JetBlue is always competitive in the highly dynamic world of airline pricing by monitoring industry pricing changes filed through a clearinghouse throughout the day and determining and executing JetBlue’s response. You will also work with the Yield team to ensure that every market has an optimal pricing structure in place.
Essential Responsibilities
- Learn and test implementations of revenue management theory and effect improvements on current business processes to enhance system-wide revenue performance
- Design and execute controlled fare tests to study customer price elasticity of demand
- Query and analyze passenger ticketing data to gain market knowledge, and leverage that knowledge to inform future pricing decisions
- Effectively communicate revenue performance and competitive market dynamics to fellow crewmembers, managers, and above
- Provide cross-functional support to other teams including Sales, Network Planning, Loyalty, Travel Products, and Marketing
- Other duties as assigned