The aviation industry has grown at a phenomenal pace over the past several decades, fueled by global economic growth, improved technology and connectivity, and the rise of low cost carriers (LCCs). Increased competition in the market forced airlines to find ways for decreasing their Cost of Available Seat Kilometer (CASK). The number of passengers travelling by air is expected to soar in the next 20 years – doubling from today’s levels to reach 7.2 billion people by 2035 – and the number of flights will increase accordingly.
For airline and airport operators, this ongoing surge in demand provides incredible opportunities in terms of revenue potential, but also presents significant challenges in managing capacity and costs. Indeed, airlines and airports are struggling to handle the ever-increasing amount of passengers, baggage, and freight in an efficient, secure, and cost-effective manner. To thrive in this dynamic and competitive marketplace, these companies must be able to continuously achieve operational excellence and elevate the passenger experience while maximizing profits and minimizing costs.
For airline and airport operators, effective planning and scheduling is one of the keys to overcoming complex capacity and cost issues and ensuring optimal performance and profitability.
A growing number of airlines and airports are utilizing ICRON’s Optimized Decision Making and Supply Chain Optimization software solution to:
With ICRON, aviation companies can revolutionize their businesses, realizing major improvements in various areas including:
ICRON gives airline operators the ability to optimize their fleet assignment, tail assignment, crew planning and rostering, and flight scheduling processes to reduce costs and downtimes and increase efficiency and profitability.
ICRON equips airline operators with the capability to conduct strategic fleet planning, residual value analysis, network analysis, and what-if scenario analysis to generate the most optimal long-term plans and schedules.
ICRON enables airline and airport operators to dramatically increase the speed, quality, and efficiency of their ground operations in multiple domains including manpower and materials usage, gate assignment, and catering.
With ICRON’s powerful planning and decision making optimization platform, companies in the aviation industry can overcome their capacity and cost issues, and take their businesses to greater heights, operationally and financially.