Sunday, May 19, 2024 Skailark, a Data as a Service company delivering granular, highly precise cost and revenue insights, is thrilled to announce that American Airlines (AA) will implement Airline Economics by Skailark. Dr. Christian Soyk , CEO & Founder of Skailark, expressed their excitement and satisfaction in welcoming American Airlines as their new client.
He highlighted their commitment to supporting American with their digital twin technology, providing the most accurate cost and revenue data in the airline industry through their bottom-up modeling approach. Skailark will supply American Airlines with Skailark Airline Economics to support decision-making across the entire value chain. Airline Economics will enable American Airlines to incorporate unmatched market and competitor insights into their strategic planning, further strengthening their leading market position.
Securing this long-term agreement with American Airlines validates the use cases, data, and digital twin methodology that Skailark brings to the sector. Airline Economics leverages advanced machine learning models to generate relevant cost and revenue figures by route, origin and destination (O&D), or aircraft category. Cost data can be adjusted by sector size to ensure comparability with other operators.
Skailark is revolutionizing the aviation industry with unparalleled data insights, offering a digital twin (data image) of the global aviation sector..
