Digital Drives Real Economic Value For Airline Operations [Forbes]
China Eastern Airlines Corporation Ltd. (CEA)
US:NYSE Investor Relations:
irasia.com/listco/hk/chinaeast/annual/index.htm
Company Research
Source: Forbes
Over 2010-2018, airlines made profits every year, benefited from a 63% jump in passenger traffic, and increased flight volumes by 37%. Additionally, 2018 marked one of the most fuel-efficient and best on time performance (OTP) year for airlines in the last decade. Time to crack open the bubbly? Actually, not just yet. The industry continues to encounter some serious turbulence in the form of operational inefficiencies. Last year, the costs of these amounted to a staggering 1.5 times its operating profits. And while airlines recognize the directional value of digital solutions in plugging these operational loopholes, a persistent challenge remains the inability to quantify their impact and value. A recent whitepaper GE Aviation’s Digital Group Microsoft Network Disruptions: Slashing Nearly $10 Billion At $33.4 billion in 2018, network disruptions represent the most significant inefficiency cost to the aviation industry. Despite gradual improvements and a record OTP of 81.5% in 2018, ov
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