Quasar system

An airline’s need to identify its passengers’ travel habits has become increasingly more important. One area that can provide passenger travel-related information is revenue accounting. However, many accounting systems cannot respond to the ever-changing airline environment or meet the increasing demand for timely and accurate data on passenger traffic. A valuable tool would help improve profitability, timeliness and accuracy of revenue information and detailed marketing analysis.

See the system described below that addresses these needs.

Passenger Revenue Accounting

The Quasar™* passenger revenue accounting system quickly provides information on sales, earned revenue and passenger statistics to an airline’s upper management, marketing, sales and accounting areas. The system produces significant revenue recoveries through audits of published and net fares, commissions, interline settlements and refunds. Timelines of revenue information are delivered through the system’s unique sales-based accounting method. By maximizing the value of CRS data, the system enables an airline to more quickly gain an understanding of unearned revenue, cash flow and passenger traffic compared to any other product on the market today.

Using the Quasar system, an airline can expect revenue recoveries from audits totaling .5% to 1% of its annual revenue compared to manual systems. The availability of marketing information will pro-vide additional financial gains of 1% to 3% of the airlines annual revenue.

* Sabre Airline Solutions does not own this mark.

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