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Kenya Airways Signs Agreement with Zenz Technologies to Improve Revenue Management

Kenya Airways (KQ) has announced a collaboration with Zenz Technologies to develop an integrated airline revenue management decision support system capable of commercial planning, revenue budgeting, and forecasting.

Zenz Technologies is a Dutch company that specializes in creating custom decision support systems for airline revenue management departments to assist them in making better decisions.

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

Zenz Technologies will be in charge of implementing a revenue management system for Kenya Airways as the airline maintains optimal operations as markets reopen following the pandemic.

As a result, better revenue management systems will aid 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, “ Julius Thairu, Chief Commercial and Customer Officer, KQ.

The move comes after KQ reduced its half-year loss to Kes 9.9 billion from Kes 11.5 billion in H1 2021, owing to higher revenues.

READ ALSO: KENYA AIRWAYS NARROW ITS LOSS TO KES 9.88 BILLION FOR 1H2022