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Title:  Analyst Revenue Management

Location: 

Long Island City, NY, US, 11101

Req ID:  25444

Position Title: Analyst Revenue Management

 

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—Inventory 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.

As an Inventory Analyst, you will be responsible for managing the revenue performance for a portfolio of JetBlue routes, often representing more than $150 million of revenue under direct control. Within your portfolio, you will use inventory controls to determine the optimal fare to sell at any given moment in time to maximize each flight’s revenue. 

As a Pricing 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 be responsible for working with the Inventory 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, Vacations, and Marketing

· Other duties as assigned

 

Minimum Experience and Qualifications

· Bachelor’s degree in Business, Finance, Economics, Engineering, Computer Science, Physics, Applied Mathematics, Operations Research or related field

· One (1) year of analytical quantitative experience

· Excellent verbal and written communication skills, as well as quantitative critical thinking skills

· Demonstrate analytical reasoning with the ability to tackle complex problems

· Strong attention to detail

· Proficiency in Microsoft Excel, PowerPoint, Access, and Word

· Ability to work cross-functionally, collaboratively and under pressure

· Must pass a ten (10) year background check and pre-employment drug test

· Must be legally eligible to work in the country in which the position is located

 

Preferred Experience and Qualifications

· Master’s degree in Business, Finance, Economics, Engineering, Computer Science, Physics, Applied Mathematics, Operations Research or related field

· One (1) year of Revenue Management experience

· Two (2) years of analytical quantitative experience

· A proven interest in airlines, aviation, or transportation systems in schooling or prior work experience

· Proficiency in SQL and other database tools

 

Crewmember Expectations

· Regular attendance and punctuality

· Potential need to work flexible hours and be available to respond on short-notice

· Well-groomed and able to maintain a professional appearance

· When working or traveling on JetBlue flights, and if time permits, all capable crewmembers are asked to assist with light cleaning of the aircraft

· Must be an appropriate organizational fit for the JetBlue culture, that is, exhibit the JetBlue values of Safety, Caring, Integrity, Fun and Passion

· Promote JetBlue’s #1 value of safety as a Safety Ambassador, supporting JetBlue’s Safety Management System (SMS) components, Safety Policy and behavioral standards

· Identify safety concerns, issues, incidents or hazards that should be reported and report them whenever possible and by any means necessary including JetBlue’s confidential reporting systems (Aviation Safety Action Program (ASAP) or Safety Action Report (SAR))

 

Equipment:

· Computer and other office equipment

 

Work Environment:

· Normal Office Environment

 

Physical Effort:

· Generally not required, or up to 10 pounds occasionally, 0 pounds frequently. (Sedentary)


Nearest Major Market: Brooklyn
Nearest Secondary Market: New York City

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