Revenue Analyst
Application deadline: 07.04.2024
Location: Norway
Type of contract: Permanent
"Our people are the heart of Norwegian.
We embrace a culture of equality, diversity and inclusion.
Embracing this culture is critical to our business success and makes us stronger together.
Our people have different strengths, experiences and backgrounds, but all share a passion for our vision; to become the most loved and trusted airline in Europe”.
Are you our new Revenue Analyst?
Come join our Team!
In Norwegian we keep on taking care of our people.
The Revenue Management team is responsible for maximizing ticket and ancillary revenue for every flight within Norwegian’s route network.
As Revenue Analyst you are a vital part of this team, and you are responsible for a given route portfolio.
For your given set of markets, and for each route, departure date, and specific flight, you will determine the optimal fare to sell at any given moment in time to maximize the flight’s revenue.
You have a clear understanding of the relationship between price and volume and supply and demand. You have a big influence on setting standards and processes, actively using the optimization system and engaging in a regular dialog with other departments to find ways to drive and optimize revenue.
The position is located at our office in Fornebu and reports to Director Revenue Optimization Norway.
We can offer:
- Market-aligned compensation
- Possibility to travel in Europe with employee priced tickets
- Constant new challenges to solve
- Set your own footprint in a friendly working environment
- Passionately colleagues and an energetic and innovative work environment
- Health insurance and pension schemes
- An international, dynamic, and forward-looking environment
- Flexible working hours with the possibility of a hybrid home office solution
You are our ideal candidate if you have:
- Master’s degree in economics, mathematics, statistics, or general business studies
- Min 2-4 yrs. working experience from Revenue management or analytical positions
- Deep analytical skills, with the ability to use available information to make rational decisions, identify areas of improvement and take action on these
- Commercially driven, goal oriented and proactive
- Decisive and able to prioritize in tough situations/ able to handle stress
- Proficiency in English- written and oral
- Excellent knowledge in excel
- Scandinavian language is an advantage
In this role you will be responsible for:
Long term strategic optimization
- Define business plan and top line budget for your route portfolio in collaboration with other commercial stakeholders, aiming to maximize total revenue
- Define and evaluate price points per route and market
- Define rate and availability strategy in all distribution channels
- Understand and influence the forecasting of ticket revenue
- Support Network in making commercial decisions for specific routes and markets
- Analyze and follow up/take action on business mix, revenue and RASK development on all assigned routes
- Communicate needs and deviations to a wide group of stakeholders in the organization and suggest activities to support and drive revenue.
Short term optimization of prices- daily yielding
- Monitor the market and competition: Continuously analyze competitive sets, price positioning and seasonality
- Actively work with systems to analyze booking pace and manage rates and availability in order to optimize revenue
- Manage rates and availability in all distribution channel
Reporting and communication
- Analyze and comment on performance
- Prepare for and participate in Cross Commercial and internal meetings
- Engage in a regular dialogue with other internal stakeholders in the organization, and secure that they are informed about market development, revenue development and need
- Engage in best practice sharing and dialogue within the RM team
- Engage in RM related analysis/projects as required
- Maintain a good dialog with other relevant departments
KPIs for role
-
- RASK
- Ticket Revenue
- Route profitability
- Personal objectives
Do you have any questions?
If so, please contact:
Lars Christian Hjorth-Johansen
Director Revenue Optimization NO
Email: lars.christian.hjorth-johansennorwegian.com
So, what are you waiting for?
If you love the thought of working with us, we encourage you to click the Apply Now button to complete our online application. You will need to upload a recent copy of your resume with a cover letter and tell us why you want to join us.
Please note: We can only accept applications that have been submitted through our recruitment system. We will accept Your CV and Cover letter, in both English and in a Scandinavian Language.
We hope to welcome you on board!
Location: Norway
Travel required: No travelling required
Application deadline: 07.04.2024
The Norwegian group is a leading Nordic aviation company, headquartered at Fornebu outside Oslo, Norway. The company has over 8,200 employees and owns two of the prominent airlines in the Nordics: Norwegian Air Shuttle and Widerøe’s Flyveselskap. Widerøe was acquired by Norwegian in 2024, aiming to facilitate seamless air travel across the two airline’s networks.
Norwegian Air Shuttle, the largest Norwegian airline with around 4,700 employees, operates an extensive route network connecting Nordic countries to key European destinations. In 2023, Norwegian carried over 20 million passengers and maintained a fleet of 87 Boeing 737-800 and 737 MAX 8 aircraft.
Widerøe’s Flyveselskap, Norway’s oldest airline, is Scandinavia’s largest regional carrier. The airline has more than 3,500 employees. Mainly operating the short-runway airports in rural Norway, Widerøe operates several state contract routes (PSO routes) in addition to its own commercial network. In 2023, the airline had 3.3 million passengers and a fleet of 48 aircraft, including 45 Bombardier Dash 8’s and three Embraer E190-E2s. Widerøe Ground Handling provides ground handling services at 41 Norwegian airports.
The Norwegian group has sustainability as a key priority and has committed to significantly reducing carbon emissions from its operations. Among numerous initiatives, the most noteworthy is the investment in production and use of fossil-free aviation fuel (SAF). Norwegian strives to become the sustainable choice for its passengers, actively contributing to the transformation of the aviation industry.