Artificial Intelligence in Commercial Aviation: Use Cases and Emerging Strategies
Artificial Intelligence in Commercial Aviation: Use Cases and Emerging Strategies
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The article explores and explains the different airline business model transformation models used to address airline redesign, outlining best practices and future trends in airline management.
Format: Hardback
Length: 246 pages
Publication date: 10 July 2023
Publisher: Taylor & Francis Ltd
The airline industry has undergone significant transformation in recent years, driven by various factors such as technological advancements, changing consumer preferences, and economic challenges. To address these challenges, airlines have implemented a wide range of business model transformation models. In this essay, we will explore and explain the various airline business model transformation models that have been used to address airline redesign.
Different groups of models have been used in the airline industry, each with its own unique approach. Some of the most common models include low-cost carriers, full-service carriers, hybrid carriers, and niche carriers. Low-cost carriers, such as Ryanair and EasyJet, focus on offering affordable fares without compromising on service quality. Full-service carriers, such as American Airlines and Delta Airlines, provide a comprehensive range of services, including premium cabins, lounges, and frequent flyer programs. Hybrid carriers, such as Virgin Atlantic and Singapore Airlines, combine elements of both low-cost and full-service models to offer a customized experience to their customers. Niche carriers, such as Hawaiian Airlines and JetBlue, focus on serving specific markets or regions, such as leisure travelers or business travelers.
To showcase best practices of business transformation techniques in the airline industry, we will outline different groups of models and use illustrations to demonstrate their effectiveness. For example, low-cost carriers have successfully implemented cost-cutting measures, such as reducing labor costs, streamlining operations, and adopting lean management principles, to achieve competitive pricing and profitability. Full-service carriers have also adopted digital technologies, such as mobile apps and online booking platforms, to improve customer experience and increase efficiency. Hybrid carriers have successfully combined elements of both low-cost and full-service models to offer a customized experience to their customers, while niche carriers have focused on providing unique and differentiated services to their target markets.
In conclusion, the airline industry has undergone significant transformation in recent years, driven by various factors such as technological advancements, changing consumer preferences, and economic challenges. Airlines have implemented a wide range of business model transformation models to address these challenges, each with its own unique approach. By exploring and explaining these models, we can gain insights into the best practices of business transformation techniques in the airline industry and identify future directions of airline management and transformation trends.
Weight: 640g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367893620
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