VIM Airlines optimizes revenue management with IT from Lufthansa Systems

Lufthansa Systems today announced that Russia’s VIM Airlines recently signed a five-year contract for the use of its ProfitLine/Yield Rembrandt revenue management solution. The IT system caters to the needs of regional and start-up carriers, enabling these airlines to grow dynamically, improve their capacity utilization and generate higher revenues.

“Since we plan to grow significantly in the near future, we need a powerful revenue management system. ProfitLine/Yield Rembrandt offers all the functionalities we require for a successful growth,” says Alexei Mamin, Deputy Commercial Director at VIM Airlines.

ProfitLine/Yield Rembrandt is a leading revenue management solution for the airline industry. The solution enables airlines to increase their profitability and market share even if they are already using a revenue management system. By migrating to ProfitLine/Yield Rembrandt, a typical medium-size airline can boost its revenues by up to USD 6 million per year. The system covers all core processes of revenue management – from data loading and demand forecasting to optimizing availabilities – and also includes a comprehensive reporting tool.

“We are pleased that another well-known Russian carrier like VIM Airlines has opted for a solution from Lufthansa Systems. Our understanding of the market and the requirements of Russian airlines is an excellent basis for a successful cooperation,” said Marco Cesa, Senior Vice President Sales EMEA at Lufthansa Systems.

VIM Airlines is a private Russian carrier based in Moscow. The airline serves over 25 destinations in Russia and abroad with its modern fleet of 11 Boeing 757 aircraft.

Note to editors:

Lufthansa Systems provides consulting and IT services for selected industries and has a leading position in the global aviation industry. The wholly-owned subsidiary of the Lufthansa Group offers its customers the entire range of IT-services, including consulting, development and implementation of industry solutions as well as operations. At its headquarters in Kelsterbach near Frankfurt/Main, Germany, the company operates one of the most modern data centers in Europe. Lufthansa Systems has offices in Germany and 14 other countries and employs about 3,000 people. In business year 2010, Lufthansa Systems recorded revenues of EUR 595 million.