SOURCE: Revenue Management Systems, Inc.

Revenue Management Systems, Inc.

September 08, 2015 08:00 ET

Ryanair Renews Contract With Revenue Management Systems, Inc.

SEATTLE, WA--(Marketwired - September 08, 2015) - Revenue Management Systems (RMS), the industry leading provider of airline revenue management software, is excited to announce it has renewed its contract with Ryanair, Europe's favorite airline. The new four year contract extension will provide Ryanair with airRM, the innovative revenue management software developed by RMS and first implemented by Ryanair in 2011. The airRM software will supply Ryanair with the state-of-the-art revenue management, inventory and reporting tools necessary as it continues to revolutionize the air travel industry.

"This contract extension represents a continuation of the 30 year relationship between the founders of RMS and Ryanair," said Scott Schade, Chief Executive Officer. "Ryanair has a proven history of innovating the way people fly by making air travel accessible to the masses. RMS has been recognized as the industry leader and innovator by helping airlines around the world increase revenues. We are proud of the history between Ryanair and RMS and look forward to working together in the years ahead."

"We are delighted to extend our relationship with RMS," said Ciaran Brannigan, Director of Load Factor. "Since implementing airRM in 2011, Ryanair has grown annual traffic from 73m customers to over 103m which we will carry this year. airRM has helped Ryanair to manage this growth while increasing load factors across our network. RMS continue to innovate and develop the airRM system and we look forward to continuing our relationship as we grow traffic to over 160m per annum by 2024."

Ryanair is Europe's largest airline, operating to 31 countries. Ryanair operates a fleet of over 300 Boeing 737-800 aircraft. Ryanair has firm orders for a further 283 new Boeing 737 aircraft, as well as options for 100 more Boeing 737 MAX 200s, which will enable Ryanair to grow traffic from 103m this year to 160m per annum in 2024.

More information about Ryanair may be found at www.ryanair.com.

Revenue Management Systems, Inc. has been developing airline revenue management systems in cooperation with some of the most successful airlines in the world. Their most popular product, airRM, is used by over 50 airlines including Ryanair (Ireland), AirAsia (Malaysia) and Jetstar (Australia). airRMexpress, their newest offering, brings affordable forecasting and optimization technology to the hundreds of small airlines around the world. Together, airRM and airRMexpress help airlines realize higher revenues and increased staff productivity. RMS, founded in 1996, is a privately held company headquartered in Seattle, Washington (USA) with offices in Australia, the Netherlands, Spain, Singapore and the United Kingdom.

Follow Revenue Management Systems on Twitter at twitter.com/RevManSys.

More information about airRM and RMS may be found at www.revenuemanagement.com.

Contact Information

  • Revenue Management Systems, Inc
    Martin Kaduc
    +1 206 518 5198