Russian low-fare carrier Sky Express is to implement Lufthansa Systems' ProfitLine/Yield Rembrandt revenue management solution, with the companies having signed a five-year contract.
Lufthansa Systems says that ProfitLine/Yield Rembrandt is tailored to the needs of mid-size airlines and low-fare carriers and allows them to forecast market demand better, analyse competitor’s fares and respond with more flexible pricing.
The company claims that by switching to ProfitLine/Yield Rembrandt a typical mid-size airline can increase its revenues by up to $6 million a year.
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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