Airline Intelligence Systems Inc. (ASYI) Estimates $20 Billion Savings Annually for Airline Industry
The airline industry rests largely on three interdependent components, each of which has weaknesses not previously addressed: • Business Planning – Current tools are inadequately suited to the task • Revenue Management - Pricing strategies don’t accurately reflect market conditions • Operations - Operations cannot deal with changes in the timeframe required Of these three, business planning is considered the most important, since it directly supports the other two, and yet it is the area where airlines have the least effective tools. Due to the vast number of variables involved in airline planning and scheduling, the traditional process has required…