Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 days ago

Additional Details

Job ID
142401
Job Views
24

Job Description






JOB SUMMARY




  • The Pricing Manager is responsible for developing, implementing, and maintaining Air Peace's pricing strategy across all domestic, regional, and international markets.

  • The role ensures that all fare structures, fare rules, promotions, and competitive responses are aligned with market conditions and commercial objectives.

  • The Pricing Manager works closely with Revenue Management, Sales, Network Planning, and Distribution to maximize revenue, competitiveness, and yield performance.



KEY RESPONSIBILITIES



Responsibilities include but are not limited to:



Pricing Strategy & Management




  • Develop and manage pricing strategies across all Air Peace markets to ensure competitiveness and maximize revenue.

  • Continuously assess market conditions, competitor actions, currency fluctuations, and demand patterns to update fares dynamically.

  • Maintain a clear and structured fare architecture across cabins (Y, Premium, Business).

  • Lead fare filing activities, ensuring accurate and timely distribution of fares in GDS/CRS and online channels.



Competitive Monitoring & Market Intelligence




  • Monitor competitor fares, promotions, and pricing behavior daily across key routes. Analyze fare trends and recommend tactical pricing actions to support load factor or yield targets.

  • Prepare weekly competitor intelligence reports for the Director, CCO, and commercial leadership team.



Fare Filing & Distribution




  • Oversee fare uploads, fare rule management, surcharges, and promotional fare filings through ATPCO or equivalent systems.

  • Ensure fares are accurately distributed across GDS platforms, airline website, NDC channels, OTAs, and TMC systems.

  • Work closely with the IT and Distribution teams to ensure pricing visibility and accuracy.



Revenue Optimization (Support)




  • Collaborate with Revenue Management to coordinate pricing and inventory strategies.

  • Provide pricing insights for promotions, sales campaigns, group bookings, and corporate deals.

  • Support demand forecasting by sharing competitive pricing data and market movements.



Cross-Functional Collaboration




  • Work closely with

    • Sales Teams: to adjust pricing for market needs or large-volume customers.

    • Marketing: on promotional campaigns aligned with pricing strategy.

    • Network Planning: on route evaluation, entry pricing, and launch recommendations.

    • Finance: on revenue performance review and pricing impact analysis.



  • Coordinate pricing alignment for new route openings, including initial fare products and launch promotions.



Systems, Tools & Data Analytics




  • Manage pricing tools, ATPCO platforms, fare management systems, and internal analytics dashboards.

  • Ensure data accuracy, real-time monitoring, and efficient workflow for pricing updates.

  • Develop pricing models to evaluate changes in demand, elasticity, and competitive behavior.



Governance & Compliance




  • Ensure all pricing activity complies with regulatory, airport, and regional requirements.

  • Monitor fuel surcharge adjustments, taxes, and airport fee changes to update fares accordingly.

  • Maintain transparent documentation of all pricing decisions and approval workflows.



EDUCATIONAL QUALIFICATION, EXPERIENCE, KNOWLEDGE & SKILLS




  • Bachelor's degree in economics, Statistics, Mathematics, Business, or related field.

  • Minimum 5—8 years' experience in airline pricing, revenue management, sales strategy, or commercial planning.

  • Strong knowledge of ATPCO fare filing, GDS pricing systems, and airline commercial processes.

  • Experience working in competitive markets with multiple price-sensitive segments (domestic, regional, long-haul).

  • Analytical background with strong modeling and Excel skills.

  • Strong analytical and numerical skills

  • Deep understanding of airfare structures, fare rules, and market pricing

  • Ability to interpret and react to market dynamics quickly.

  • Strong knowledge of GDS/ATPCO tools and pricing systems

  • Excellent communication and commercial presentation skills

  • Ability to handle high volumes of data and complex fare structures.

  • High attention to accuracy and detail

  • Ability to work under pressure and deliver rapid pricing adjustments.



KEY PERFORMANCE INDICATORS




  • Yield performance vs. budget - achieve at least 60% of budgeted yield for assigned routes

  • by the end of each quarter, with monthly tracking reports submitted by the 5th working day of the following month.

  • Fare competitiveness index vs. key competitors - maintain fares within of key competitors on all monitored routes and achieve at least 80% weekly fare competitiveness compliance.

  • Accuracy and timeliness of fare filing - ensure 100% timely filing of all fare changes within 24—48 hours Of approval and maintain an error rate below 2% per quarter.

  • Share Of lowest fare (market competitiveness) - achieve a minimum Of 30% share Of the lowest fares in targeted markets and improve quarterly performance by 5%, tracked via competitive fare monitoring.

  • Revenue impact from promotions and tactical pricing - generate at least 10% incremental revenue from approved promotional or tactical pricing activities per quarter, supported by post-campaign performance reports.



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