Advanced Analytics For Airline Industry
Advanced Analytics For Airline Industry

Author: Kyong Bandulin

Publisher:

Published: 2021-08-14

Total Pages: 196

ISBN-13:

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The goal of profit optimization is to leverage all hotel functions and maximize their profits in unison with one another. It encourages hotels to intelligently decide which business to accept across multiple revenue streams at all times, based on the greatest overall value to the asset. This book provides the secrets of how advanced analytics helps profit optimization. It is written with candor to show the limitations of today's most widely used systems and how new futuristic systems are needed for optimized decision-making. It describes the systems, processes, and governance that align the entire management from the CEO down to the managers in making profitable decisions every time. Using numerous cases from the commercial functions of sales, revenue management, marketing, and network planning, the book provides an insider look into the sub-optimal decision processes today. It shows how embedding advanced analytics from an enterprise perspective optimizes the decisions. It provides a playbook for the CIO and C-Suite to build and ensure governance of the models, data, and process for enterprise analytics.

Profit Optimization Using Advanced Analytics in the Airline and Travel Industry
Profit Optimization Using Advanced Analytics in the Airline and Travel Industry

Author: Gopal Ranganathan

Publisher: Createspace Independent Publishing Platform

Published: 2016-11-19

Total Pages: 202

ISBN-13: 9781533184849

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The airline industry has come a long way since deregulation in 1978. Yet its ROI to investors is lowest among all industries. This book provides the secrets of how advanced analytics helps profit optimization. It is written with candor to show the limitations of today's most widely used systems and how new futuristic systems are needed for optimized decision making. It describes the systems, process and governance that align the entire management from the CEO down to the managers in making profitable decisions every time. Using numerous cases from the commercial functions of sales, revenue management, marketing and network planning, the book provides an insider look into the sub-optimal decision processes today. It shows how embedding advanced analytics from enterprise perspective optimizes the decisions. It provides a playbook for the CIO and C-Suite to build and ensure governance of the models, data and process for enterprise analytics. Commercial airlines that adopt the advanced analytics paradigm shift will see direct competitive advantage and lasting change in profits. This is the type of change recommended by Gopal Ranganathan, industry consultant and founder of Quad Optima Analytics, a company dedicated to helping airlines have this advantage.

Airline Profit Maximising Strategy
Airline Profit Maximising Strategy

Author: Vicenta Wiegmann

Publisher:

Published: 2021-08-14

Total Pages: 196

ISBN-13:

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The goal of profit optimization is to leverage all hotel functions and maximize their profits in unison with one another. It encourages hotels to intelligently decide which business to accept across multiple revenue streams at all times, based on the greatest overall value to the asset. This book provides the secrets of how advanced analytics helps profit optimization. It is written with candor to show the limitations of today's most widely used systems and how new futuristic systems are needed for optimized decision-making. It describes the systems, processes, and governance that align the entire management from the CEO down to the managers in making profitable decisions every time. Using numerous cases from the commercial functions of sales, revenue management, marketing, and network planning, the book provides an insider look into the sub-optimal decision processes today. It shows how embedding advanced analytics from an enterprise perspective optimizes the decisions. It provides a playbook for the CIO and C-Suite to build and ensure governance of the models, data, and process for enterprise analytics.

Identification of Big Data Use-cases in Airline Operations
Identification of Big Data Use-cases in Airline Operations

Author: Anna Achenbach

Publisher:

Published: 2015

Total Pages:

ISBN-13:

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The airline industry is one of the most competitive industries in the world. The struggle for market share translates into a high pressure for both commercial and operational functions. In the past operations research has helped airlines to significantly increase their efficiency by applying advanced mathematical models. With big data new developments in the area of data analytics are expected. The airline industry is just now catching on to this innovative trend. Few use-cases are implemented as of today, but the value big data analytics can deliver, has been shown in many other industries such as the retail industry and the financial sector. Within the airline industry there is a strong interest in investigating the possible benefits and applications of big data analytics both for commercial and operational functions. With the focus on airline operations this thesis aims at providing a detailed overview of the current status of big data analytics as well as identifying future areas for big data analytics in airline operations. A literature review and ten expert interviews make up the basis for this study.The results of the study show the importance and relevance of the topic in today`s airline industry. All experts were in unison saying that big data will be a critical asset for airline operations. As of today there are several use-cases of big data analytics in place, but only very few have passed the piloting stage. Considering both the insights gained in the literature review and during the expert interviews the following areas of airline operations are regarded most promising for future research: predictive maintenance, fuel efficiency, crew scheduling and delay prediction. Overall there is a very high interest in this field and further research should be conducted.

Maximizing Airline Profitability
Maximizing Airline Profitability

Author: Renea Greaves

Publisher:

Published: 2021-08-14

Total Pages: 196

ISBN-13:

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The goal of profit optimization is to leverage all hotel functions and maximize their profits in unison with one another. It encourages hotels to intelligently decide which business to accept across multiple revenue streams at all times, based on the greatest overall value to the asset. This book provides the secrets of how advanced analytics helps profit optimization. It is written with candor to show the limitations of today's most widely used systems and how new futuristic systems are needed for optimized decision-making. It describes the systems, processes, and governance that align the entire management from the CEO down to the managers in making profitable decisions every time. Using numerous cases from the commercial functions of sales, revenue management, marketing, and network planning, the book provides an insider look into the sub-optimal decision processes today. It shows how embedding advanced analytics from an enterprise perspective optimizes the decisions. It provides a playbook for the CIO and C-Suite to build and ensure governance of the models, data, and process for enterprise analytics.

Research Anthology on Reliability and Safety in Aviation Systems, Spacecraft, and Air Transport
Research Anthology on Reliability and Safety in Aviation Systems, Spacecraft, and Air Transport

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2020-09-24

Total Pages: 1601

ISBN-13: 1799853586

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As with other transportation methods, safety issues in aircraft can result in a total loss of life. Recently, the air transport industry has come under immense scrutiny after several deaths occurred due to aircraft design and airlines that allowed improperly inspected aircraft to fly. Spacecraft too have found errors in system software that could lead to catastrophic failure. It is imperative that the aviation and aerospace industries continue to revise and refine safety protocols from the construction and design of aircraft, to secure and improve aviation systems, and to test and inspect aircraft. The Research Anthology on Reliability and Safety in Aviation Systems, Spacecraft, and Air Transport is a vital reference source that examines the latest scholarly material on the use of adaptive and assistive technologies in aviation to establish clear guidelines for the design and implementation of such technologies to better serve the needs of both military and civilian pilots. It also covers new information technology use in aviation systems to streamline the cybersecurity, decision making, planning, and design processes within the aviation industry. Highlighting a range of topics such as air navigation systems, computer simulation, and airline operations, this multi-volume book is ideally designed for pilots, scientists, engineers, aviation operators, air traffic controllers, air crash investigators, teachers, academicians, researchers, and students.

Time Series Analysis Methods and Applications for Flight Data
Time Series Analysis Methods and Applications for Flight Data

Author: Jianye Zhang

Publisher: Springer

Published: 2016-12-22

Total Pages: 244

ISBN-13: 3662534304

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This book focuses on different facets of flight data analysis, including the basic goals, methods, and implementation techniques. As mass flight data possesses the typical characteristics of time series, the time series analysis methods and their application for flight data have been illustrated from several aspects, such as data filtering, data extension, feature optimization, similarity search, trend monitoring, fault diagnosis, and parameter prediction, etc. An intelligent information-processing platform for flight data has been established to assist in aircraft condition monitoring, training evaluation and scientific maintenance. The book will serve as a reference resource for people working in aviation management and maintenance, as well as researchers and engineers in the fields of data analysis and data mining.

Transition to Advanced Analytics
Transition to Advanced Analytics

Author: Jason Tan

Publisher: CRC Press

Published: 2024-04-05

Total Pages: 165

ISBN-13: 1040002692

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Amazon knows the products we’re interested in and shows us more to boost the size of our shopping cart. Google Maps knows the best route to get from A to B and recommends it to get us there in the shortest possible time. Netflix knows the media we enjoy most and recommends more to boost streaming time. However, many companies still fall short with their data analytics practices. This book focuses on how to embed advanced analytics directly into daily business operations and complement an enterprise system. This book can guide you in how traditional industries like retailers, banks and insurers can utilise and develop advanced analytics complementing their enterprise systems while embedding advanced analytics directly to optimise revenue and customer experience. Detailed in this book is a world-class analytics application used by loyalty point providers, banks, insurers and leading retailers. The title also provides a step-by-step implementation framework for Chief Digital and Artificial Intelligence Offices to develop their advanced analytics capabilities in tandem with legacy IT systems.

Big Data to Improve Strategic Network Planning in Airlines
Big Data to Improve Strategic Network Planning in Airlines

Author: Maximilian Schosser

Publisher: Springer Nature

Published: 2019-09-05

Total Pages: 462

ISBN-13: 3658275820

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Big data has become an important success driver in airline network planning. Maximilian Schosser explores the status quo of network planning across a case study group consisting of nine airlines representing different business models. The author describes 23 big data opportunities for airline network planning and evaluates them based on their specific value contribution for airline network planning. Subsequently, he develops a financial evaluation methodology for big data opportunities based on key performance indicators for airline network planning departments.

Digital Transformation in Aviation, Tourism and Hospitality in Southeast Asia
Digital Transformation in Aviation, Tourism and Hospitality in Southeast Asia

Author: Azizul Hassan

Publisher: Taylor & Francis

Published: 2022-11-17

Total Pages: 207

ISBN-13: 1000772349

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Technological advances and the drive to digitalize business processes in aviation, tourism, and hospitality have forced the industries to go along with the digital movement. The results are often mixed. This book brings together contributions from leading scholars in the field and explores the digital transformation in these industries in Southeast Asia. The book looks at the impact of digital transformation on the region and the issues and challenges brought about by this transformation. It also addresses trends in the industries from blockchain technology, AI, biometric and mobile technology applications to in-flight catering. It examines the impact of COVID-19 on the industries and how the pandemic has led to businesses adopting new business models. Through the case studies of digital adoptions in the region, readers will gain insights on how the countries have leveraged new technologies and the implementation processes to drive digital transformation. The book aims to help scholars and policy makers understand the digital advances in the industries to better formulate responses in research and policy making and deliver effective digital transformation.