KQ, Zenz Technologies partner to enhance revenue management

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KQ plane
PHOTO/COURTESY

National carrier, Kenya Airways has announced a partnership with Zenz Technologies for an integrated airline revenue management decision support system with capabilities for KQ commercial planning, revenue budgeting, and forecasting.

Zenz Technologies is a Dutch company specialising in developing tailor-made decision support systems for revenue management departments in airlines that help them to make better decisions.

” We are confident that this is the start of a long-term partnership that will support KQ in contributing to the sustainable development of Africa,” said Ward Kuipers, Zenz Technologies Founding Partner & Commercial Director.

Zenz Technologies will be responsible for implementing a revenue management system for KQ as the airline maintains optimum operations owing to the opening up of markets post-pandemic.

As a result, improved revenue management systems will assist in decision-making.

“This partnership is in line with Kenya Airways’ ambition to trail blaze innovation and customer-focused solutions.  It is through this collaboration that the different stakeholders will have one source of information that will help track historical performance, forecast future demand, and set targets, “said Julius Thairu, Chief Commercial and Customer Officer, Kenya Airways.

In the first half of 2022, KQ reduced its half year loss to Ksh.9.9 billion up from Ksh.11.5 billion recorded in a similar period in 2021 owing to increased revenues.

Total revenue, in the period under review, stood at Ksh.48.1 billion up from Ksh.27.4 billion last year.

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