Cirium’s New Aviation Analytics Tools Will Accelerate Digital Transformation and Sustainability in the Aviation Industry
June 06 2023 - 9:00AM
Business Wire
- Cirium launches advanced aviation analytics to support more
effective airline operational analysis, CO₂ emissions forecasting
and situation awareness
- A new flight analytics capability will allow airports to
analyze booking trends, and more accurately map passenger
demand
- An analytics tools for financiers will help monitor and
benchmark the CO₂ emissions and value of aircraft in a
portfolio
Cirium, the leading aviation analytics company, has committed to
supporting the aviation industry accelerate its digital
transformation and sustainability goals, with the introduction of a
new product suite.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230606005687/en/
CIRIUM’S NEW AVIATION ANALYTICS TOOLS
WILL ACCELERATE DIGITAL TRANSFORMATION AND SUSTAINABILITY IN THE
AVIATION INDUSTRY (Photo: Business Wire)
The new capabilities that Cirium now offers, include accurate
CO₂ emissions forecasting for flights, situational awareness of
aircraft, in-depth advance booking analysis, and analytics tools
that help assess the value and carbon footprint of an aircraft
fleet.
To support this commitment, Cirium has increased its R&D
team by 600% to 70 people and will release six new products over
the coming months which give access to Cirium’s proprietary mix of
data and analytics.
Airlines will be able to run more in-depth operational
analyses for strategic decision-making and mitigate upcoming flight
disruption. Airports can now analyze global booking and
demand data to optimize marketing campaigns and spend. Booking
tool providers will be able to provide accurate CO₂ emissions
insights in pre-travel information. Aircraft lessors and
banks will be able to benchmark aircraft CO₂ emissions to
inform sustainability targets.
Jeremy Bowen, CEO of Cirium, said: “Cirium continues to increase
its investment in data science and emerging technologies that are
creating new, high value analytics. The new products we are
bringing to the market in this release, leverage our renowned
industry-standard data and deliver increased visibility to the
situations faced by the aviation industry every day.
“Cirium is committed to supporting the digitalization of the
aviation industry as it rebounds after a turbulent few years,
enabling businesses to make critical decisions around airline
operations, mitigating disruptions, offering advanced information
pre-travel, and making better aircraft investment decisions which
meet fuel efficiency targets.”
Under its machine-readable aviation analytics solution Cirium
Sky, there will be three new products:
- Cirium Sky Warehouse surfaces a wealth of historical and
forward-looking aviation data and analytics for strategic planning
and post-operations analysis and is available through either
Snowflake or Amazon Redshift cloud software.
- Cirium Sky API – Emissions provides real-time insights
around the CO₂ emissions for each scheduled flight in the future,
enabling businesses such as booking tool providers to offer
carbon-reduction insights for corporate travel.
- Cirium Sky Stream – Positional offers a live stream of
aircraft positional data in real-time for situational
awareness.
Under Cirium Diio, the industry-leading solution to
managing and optimizing network planning and aircraft movement
around the world, a new Advanced Bookings tool will allow
airports to analyze booking trends and leverage more proactive
insights into passenger demand.
Two products will be revealed under Cirium Ascend, which
delivers the 360-degree view of aircraft assets, past, present and
future:
- Cirium Ascend Risk Analytics enables aircraft financiers
to monitor and benchmark the utilization of aircraft assets in
their portfolio and inform strategies to reduce CO₂ emissions.
- Cirium Ascend Value Trends provides key value and
liquidity metrics by different aircraft asset classes so financiers
can improve return on investment and understand aircraft value
risk.
Register here to be the first to find out when
Cirium’s new products launch.
In addition to Cirium Sky, Diio and Ascend, the company provides
traveler analytics tools via its Cirium Journey apps
and services which make the traveler journey smooth and informed,
and custom analytics via Cirium Blu which meets very
specific, customized aviation needs of businesses worldwide.
---ENDS---
Notes to editors:
About Cirium
Cirium brings together powerful data and analytics to keep the
world moving. Delivering insight, built from decades of experience
in the sector, enabling travel companies, aircraft manufacturers,
airports, airlines and financial institutions, among others, to
make logical and informed decisions which shape the future of
travel, growing revenues and enhancing customer experiences. Cirium
is part of RELX, a global provider of information-based analytics
and decision tools for professional and business customers. The
shares of RELX PLC are traded on the London, Amsterdam and New York
Stock Exchanges using the following ticker symbols: London: REL;
Amsterdam: REN; New York: RELX.
For further information please follow Cirium updates on LinkedIn
or Twitter or visit cirium.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230606005687/en/
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media@cirium.com The PC Agency (UK and Europe): cirium@pc.agency
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