Job Description
The role is a part of the Revenue Management team within our Revenue Management group.
Benefits and Offers
Feel free to take advantage of all that American Airlines has to offer:
Travel Perks: Ready to explore the world? You, your family and your friends can reach 365 destinations on more than 6,800 daily flights across our global network.
Wellness Programs: We want you to be the best version of yourself – that’s why our wellness programs provide you with all the right tools, resources and support you need.
Additional Benefits: Other great benefits include our Employee Assistance Program, pet insurance and discounts on hotels, cars, cruises and more
Your main responsibilities in this role include the following:
Duties and Responsibilities
Within Revenue Management, each Pricing and Yield Management team seeks to maximize passenger revenue for a geographic region within American’s network. Analysts use complex models and tools to monitor passenger demand and changes to the competitive pricing environment. Analysts are expected to develop in depth understanding of the marketplace and develop yield and pricing strategies to drive a competitive advantage for American. We are looking for team members who will drive innovation and evolution within our business as we adapt to a highly competitive environment.
Pricing Analysts and Yield Management Analysts maximize revenue by developing and implementing inter- departmental strategies through quantitative analysis of historical passenger demand, the competitive environment, and consumer buying behavior. Analysts will be expected to develop relationships with other departments to maximize the effectiveness of projects designed to improve revenue performance for American Airlines.
Working together, the Pricing Analysts focus on competitive analysis to determine optimal pricing across the network and create new fare products to capitalize on changes in consumer buying habits, while the Yield Management Analysts manage each fare product line by considering passenger demand and optimize inventory for each portion of the network. Analysts are also expected to present original analysis and strategies to senior management, design departmental business processes, analyze the effects of fare and inventory changes on market performance, and work on ad hoc projects related to the airline’s strategic goals.
Mastering this job will lead to a thorough understanding of the core economics that drive the airline industry and position the analyst for future opportunities both within Revenue Management and other areas within the airline.
Job Requirements
BS/BA/MS/MA candidate with coursework in a quantitative discipline (economics, mathematics, engineering, finance, etc.)
Demonstrated analytical skills, including the ability to assemble information, extract pertinent facts, draw logical conclusions, and present recommendations
Interest in optimization problem-solving, economic game theory, and consumer buying behavior
Ability to make independent judgments and decisions while taking ownership of job responsibilities
Willingness to take calculated risks
Ability to work well within a team environment
Refined skills with MS Office; familiarity with software programs used in conducting quantitative analysis (Oracle, SAS, etc.)
Strong oral and written communications skills
Job Details
Company: American Airlines
Employment Type: Internship
Job Location: Fort Worth, TX, USA
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