Do Airports Generate Vast Amount of Data? According to the report from Statista, the number of passenger growth is expected to rise at a compound annual growth rate of 4.6 percent. A survey conducted by Unisys revealed that 59 per cent of airport executives were looking to invest in advanced analytics solutions in the short-term; however, only 31 per cent …
Revenue Management: Determining Airline Route Profitability with Automation
As the global travel routes multiply, the need for airlines to simultaneously grow while keeping operating costs to a minimum is immediate. In fact, one of the most defining factors for airlines is route profitability amounting upto 30-35% of overall revenue for major routes. Integrated airline technology solutions that give a consolidated view in real-time of the variable costs and …