VTM Global’s Post

Since I've been in this second Master's in #AirTransport Operations, I've had the opportunity to explore a wide range of subjects in the #Aviation and #Airports industry, deepening my knowledge in this area. This time, I wrote a research article entitled "Economic Viability of Low-Cost Carriers: Identifying Critical Success Factors" which can be consulted on VTM Global’s website! ✈️ In an era where adaptability, cost management, and innovation are more crucial than ever, understanding these critical success factors is essential and can be the key aspect to survive in any business area. 💡 Whether you're in the aviation industry or simply curious about how LCCs thrive, this study can offer some valuable insights. For those interested in the full analysis, feel free to reach out!

As the financial year draws to a close, we reflect on another eventful 12 months and also take a look forward to what’s in store for the aviation industry. ACI World - Airports Council International have revised and upgraded their economic forecast for 2024 to show a full recovery in passenger traffic to 2019 levels. 2024 is expected to be a milestone for global passenger traffic recovery as it reaches 9.4 billion passengers, surpassing the 2019 total of 9.2 billion passengers. We take a look at what this means for airport capacity and the associated challenges. We also touch on #sustainability and #netzero issues. #aviationconsultants #airportconsultants Read in full here: https://lnkd.in/exXDEg9U

NEW RESEARCH | Against a backdrop of all-too-familiar travel disruptions, this report examines the aviation industry's response when things go wrong. The survey of aviation sector workers provides insights into the cost of disruption to the airline industry. It highlights the challenge airlines face in meeting rising customer expectations with fewer resources and outlines the role of technology in disruption management.   Read the report here: https://lnkd.in/dA7QHv3s   Research conducted by IBS Software in conjunction with Aviation Business News.   #Aviation #AviationIndustry #TravelDisruption

Due to the pandemic, conservative estimates exhibit that there were 10 billion fewer passengers since 2019 than the industry planned for, which of course had tremendous knock-on effects for airlines and technology providers alike. The revenue lost here would have financed the investment in #Offermanagement #Ordermanagement #Settle #Deliver (OOSD) solutions. Early indications are that the technology vendors are looking to recover a share of benefit from OOSD transitions in the future of around forty cents per Passenger Boarded. Find out more about T2RLInsight: https://lnkd.in/e529qx_D #T2RL #traveltechnology #traveltech #airlines #airlinetech #OOSD 

NEW RESEARCH | Against a backdrop of all-too-familiar travel disruptions, this report examines the aviation industry's response when things go wrong. The survey of aviation sector workers provides insights into the cost of disruption to the airline industry. It highlights the challenge airlines face in meeting rising customer expectations with fewer resources and outlines the role of technology in disruption management. Read the report here: https://lnkd.in/dA7QHv3s Research conducted by IBS Software in conjunction with Aviation Business News. #Aviation #AviationIndustry #TravelDisruption

Day 1 of #T2RLEngage 2024 has come to a close and what a day! To kick things off, Richard Clarke, CEO T2RL shared his market update, including T2RL PB projections for 2024 and some provocative thoughts on the trends and challenges in moving to #OOSD systems. Alf Sagen, SAS - Scandinavian Airlines spoke about the company’s journey from administration to becoming the most punctual and “customer-obsessed” airline in Europe. Sabre Corporation and Virgin Australia were on stage to talk through their exciting new partnership, demonstrating a clear commitment to be an early mover towards Offer/Order with #SabreMosaic. Sarosh Waghmar, Spotnana spoke about his colourful past which involved accumulating 48 million frequent flyer points & how that led to Spotnana, who are providing a unique value proposition by directly connecting #PSS and #TMCs, and giving airlines the ability to be a white label TMC. A panel session featuring Hawaiian Airlines, Branchspace - digital reinvented, Protect Group and Oman Air tackled the question ‘Are Airlines Really That Special?’ They said Offer/Order is a better way to retail but that doesn’t make it easier to serve. In a Keynote featuring OAG & Dohop we learned “As interline has become more mainstream, we’re seeing more interest in the space such as alternative modes of transport like Air + Rail.” Kristian Gjerding, CellPoint Digital stated that The Future of Offer Order is the Unified Basket Experience, for the user to select Hotel, Air, Ground Transport - and checkout. British Airways and Amadeus shared their new journey to deliver the airline’s strategic goals via #AmadeusNevio. A panel session on ‘The Challenge of Building the Future’ with PROS, Cathay Pacific, Virgin Australia and CitizenPlane answered the question…how far away are we from a full working Offer/Order solution? ATPCO’s keynote shed light on the latest successes and insights in the world of #DynamicOffers. Whilst T2RL’s own Ian Luck hosted an airline case study with TPConnects Technologies’ Kristiaan van Dijken to discuss their NDC workings with Qatar Airways. Practical advice and insight on #NDC was shared by Barbara Moreno, Accelya Group and George Bryan, Hawaiian Airlines. A lively panel debate around "The Rise of the Machines" - AI and ML in the airline commercial stack - included 3Victors, International Airlines Group (IAG) and VWV, whilst a panel session attended by Accenture, Hitit, CopaAirlines and IATA tackled the "best of breed' versus "single vendor" contract debate. "The Challenge of Building the Future" debated how ready vendors are for the move to Offer/Order, including panelists from CitizenPlane, Cathay Pacific and PROS. In our last panel of the day panellists explored how NDC took much longer than anybody thought. They said the reason for this was due to the lack of collaboration but with #OOSD, we are in a much better place. Roll on day 2!

🌍✈️ In the rapidly evolving world of travel, it is hard to understate the significance of the data SITA collects in their Passenger IT Insights Report, year after year. Once again, SITA has taken a deep dive into the passenger technology trends and presented a concise view of topics the industry should take note of. The data captured in this report provide essential guidance for the entire travel industry, helping to streamline operations, improve customer experiences, and, ultimately, fuel growth. 📊 Digital Travel takeaways: In the age of #decentralizedidentity and digital trust, this report shows that digital travel is here to stay showing tree out of four passengers are comfortable storing their passports on their phone. Bring on the DTCs! Kudos to SITA for their continued commitment to collecting and sharing this valuable data year after year. 👏👏 #DigitalTravel #DataDriven #Innovation #DecentralizedSystems #TravelTech #PassengerExperience #SITA #digitaltravelcredential #DTC

🌍 Intermodal travel is on the rise, driven by smarter travelers’ evolving expectations. 🚄✈️ 🛳 This trend is especially prominent among younger passengers and business travelers seeking seamless connectivity across different modes of transport. Curious about how intermodal travel is shaping the future of passenger expectations? 🚀 👇 Read the 2024 SITA Passenger IT Insight Report 👇 #TravelTech #IntermodalTravel #PassengerExperience #SmartTravelers #Innovation #SITA #2024Trends

Together with DecisionBrain and TGIS Aviation Ltd, PA Consulting is transforming airline engine cost-optimisation and operational excellence with a new service, Optima. Learn how advanced technologies can unlock significant through-life savings by balancing fleet management, contract terms, and retirement strategies. #OperationalExcellence #Aviation

Together with DecisionBrain and TGIS Aviation Ltd, PA Consulting is transforming airline engine cost-optimisation and operational excellence with a new service, Optima. Learn how advanced technologies can unlock significant through-life savings by balancing fleet management, contract terms, and retirement strategies. #OperationalExcellence #Aviation