Digital strategy alignment: Airlines and airport working together
Digital transformation has become a core strategy pursued by global airlines and airports as it has shown a positive impact in revenue optimizing while allowing cost reduction and productivity improvement opportunities. However, we rarely observe airlines and airports discussing a joint digital strategy in order to implement a mutual beneficial business model that will allow […]
Dynamic Pricing – Which business analytics play a key role in optimizing revenue?
Pricing strategy is an airline"™s overall approach to maximize revenues. As well, it is a mechanism for bringing supply and demand into an equilibrium at a particular price and quantity while minimizing overbooking and unsold seat inventory. In the past, revenue management systems focused mainly on fare rules, physical (age, service categories, etc.) vs. non-physical […]
Aviation Festival Americas 2018 – How can airlines find the righ combination of ancillary revenues and upgrades?
– At the Aviation Festival Americas 2018 event held in Miami from May 8th to the 9th, a number of high level executives gathered to provide insight on current and future air transportation trends, share knowledge and connect with peers around the world. International consultant Mr. René Armas Maes moderated the ancillary revenue panel, a […]
IATA realizará en Lima curso sobre desarrollo y pronóstico de rutas aéreas
La Asociación de Transporte Aéreo Internacional (IATA, por sus siglas en inglés) estará dictando el curso Desarrollo y pronóstico de rutas (o Route Forecasting and Development en inglés) en Lima, Perú de abril 17 al 20. En el curso se discutirán entre otros los elementos claves para las evaluaciones de nuevas rutas incluyendo demanda de […]
Leading a sound digital and innovation strategy in the airline business
Today, one can observe that airlines around the globe are testing and rolling out new technology including chatbots, machine learning, artificial intelligence, biometrics, and fingerprint scanning among others to ease check-in flows, boarding processes and in-flight experience in order to improve passenger travel experience while optimizing revenues and containing costs. Chatbot technology powered by Artificial […]
Basic Economy Fares "“ Revenue optimization strategy
Recently, AerolatinNews had the opportunity to interview international consultant and IATA external instructor, René Armas, concerning a major airline industry trend – Basic Economy Fares. They are not only already rolled out in the US domestic market but also being tested globally by a number of network and discounter carriers. The executive focused on product […]
Curso IATA en Lima Oct 2-6: "Mejores prácticas, optimización de ingresos y estrategias de reducción de costos"
La Asociación de Transporte Aéreo Internacional (IATA, por sus siglas en inglés) estará dictando el curso de "Mejores prácticas, optimización de ingresos y estrategias de reducción de costo", desde el 2 al 6 de octubre en Lima, Perú. En el curso se revisarán importantes practicas gerenciales de optimización de ingresos y reducción de costos que […]
Seat densification multi-fold strategy: Focus on revenue optimization, unit cost containment and profit maximization
Seat densification is an industry trend and it’s clear why. It’s an affordable way to increase total seat capacity while enabling both lower cost-per-mile and cost-per-seat on each flight. At the same time, it allows to increase revenue opportunities per flight and overall route profitability. Furthermore, if it coincides with new and lower weight slimline […]
WestJet ULCC venture: Success depends on one key cost area – Labor.
We all have observed that as unit cost gap narrowed between network re-launched operations and LCC (Low Cost Carrier), a "revised" cost conscious and aggressively pushed ancillary revenue airline model appeared. ULCC (Ultra Low-Cost Carrier) aggressively collect ancillary revenue from unbundled services allowing them to stimulate the market through even lower fares while undercutting LCCs […]
Cómo generar mayor valor y retorno en las aerolíneas – Estrategias de optimización de ingresos y reducción de costos
La Asociación de Transporte Aéreo Internacional (IATA, por sus siglas en inglés) estará dictando el curso de Airline Leading Practices and Cost Reduction Strategies desde el 10 al 14 de julio en el Centro de Formación de última generación de la IATA en Miami, Estados Unidos. En el curso se revisarán importantes practicas gerenciales de […]
