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Stock impact report

KLM Royal Dutch Airlines Optimizes Airline Operations with Gurobi [Yahoo! Finance]

AIR FRANCE-KLM ADS (AFLYY) 
Company Research Source: Yahoo! Finance
BEAVERTON, Ore., March 19, 2024 BUSINESS WIRE Gurobi Optimization, LLC , the leader in decision intelligence technology, today announced that its solver helps power CrewVision, the innovative tool developed by KLM Royal Dutch Airlines (KLM) in partnership with Boston Consulting Group (BCG) to facilitate long-term crew planning for airlines. CrewVision makes it easy to create optimal five-year crew plans while accounting for critical factors, such as changes in industry regulations, fleets, hiring needs, and training requirements—a significant improvement from their previous outlook of nine months. With support from Gurobi's solver, these five-year plans can now be generated within several hours, as opposed to an entire week. This allows KLM to spend more time strategizing around their long-term vision. Prior to developing CrewVision, KLM used a legacy system to run analyses, with data spread across multiple sources. A total cycle took a week to process overall. With CrewVision, t Show less Read more
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