Kuwait Airways Charts New Pricing Strategy
Kuwait City, Kuwait: Kuwait Airways is soaring towards a new era of competitive fares and improved customer service under revamped leadership. The airline’s Chairman, Abdul Mohsen Al-Faqaan, announced a significant restructuring of the pricing and revenue management sector.
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This initiative, driven by the Committee for Processing Travel Ticket Prices, aims to create a dynamic and advanced pricing strategy. Al-Faqaan assures travelers of competitive rates and a variety of deals throughout the year, making travel more affordable.
The changes extend to travel agents as well, with their ticketing policies being updated to reflect the new structure.
Kuwait Airways is also undergoing a technological upgrade, revamping its reservation, pricing, and network planning systems to align with the latest global aviation standards.
“Ticket prices will vary based on seasonality and demand,” explained Al-Faqaan. This data-driven approach seeks to strike a balance between profitability and customer satisfaction.
Founded in 1953, Kuwait Airways boasts a rich history in Kuwaiti aviation. With this new pricing strategy, the airline appears poised to take flight towards a brighter future, reported Al Jarida daily.
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