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Rail News: Issue 348 24 Oct 2008

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New software will maximise NXEC advance booking revenue

National Express East Coast is expected to increase the price of advance purchase tickets after it installs new yield management software next year.

The software will be the most sophisticated yet adopted by any franchised train operator and is expected to confirm managers’ belief that too many heavily discounted tickets are being made available. While the industry’s current revenue management systems have enabled companies to record significant increases in advance purchase...

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