Aviation Festival Americas preview: What are the emerging investment trends in passenger services today?
In the last few years, we have been closely following all the significant trends in aviation, passenger services, travel, and related technologies on AirGuide Business & AirGuide Destination News.
Most experts we talked to agree that the most prominent trend they are observing on the investment side is the use of Artificial Intelligence (AI) to optimize pricing and revenue and improve passenger services, in-flight entertainment, health and wellness, biometrics, and sustainable travel.
There are several emerging investment opportunities in the airline passenger services sector that are worth considering:
Personalized services: With the rise of big data and artificial intelligence, airlines are increasingly able to offer personalized services to passengers. This includes personalized offers, recommendations, and services based on individual preferences and behavior.
In-flight entertainment and connectivity: In-flight entertainment and connectivity (IFEC) systems are becoming increasingly sophisticated, offering passengers a wide range of entertainment options and high-speed internet access. Companies are developing new IFEC technologies that offer a more immersive and personalized experience.
Health and wellness services: As passengers become more health-conscious, airlines are offering a range of health and wellness services, including in-flight yoga, meditation, and healthy meal options. Companies are developing new technologies and services to support passengers’ physical and mental wellbeing during air travel.
Biometrics and self-service: Biometric technologies, such as facial recognition and fingerprint scanning, are being used to streamline airport processes and improve security. Companies are also developing self-service technologies that allow passengers to check in, board, and manage their flights using their mobile devices.
Sustainable travel: With growing concern about climate change, there is increasing demand for sustainable travel options. Airlines are investing in sustainable technologies, such as biofuels and electric ground vehicles, to reduce their environmental impact and meet passengers’ expectations for eco-friendly travel.
Cybersecurity: As aircraft, airports, reservations systems, in-flight entertainment become more connected and rely more on electronic systems, cybersecurity is becoming an increasingly important concern. Ensuring the security of all systems is essential to preventing cyber attacks that could compromise safety, disrupt operations., and personal security
Artificial Intelligence has the potential to revolutionize air travel for passengers and crews, making it more accessible than ever before. The future of air travel looks bright with the continued development of these new technologies. These innovations are poised to change air travel and the passenger experience in the coming years.
See also: Aviation Festival Americas preview: What are the emerging investment trends in aviation today? &
How does AI impact the price you pay for air travel? & Airlines are using Artificial Intelligence (AI) to optimize pricing and revenue
Join us on May 16 for Aviation of the Future
at Aviation Festival Americas 2023
The Investor Panel: What are the interesting emerging investment opportunities in aviation today?
Moderator: Aram Gesar, CEO & Publisher, AirGuide Travel Tech & Media
Laurence Vigeant- Langlois, PhD, Managing Director, AE Industrial Partners
Dean Donovan, Managing Director, DiamondStream Partners
Stephen Snyder, Managing Director, JetBlue Ventures
Gilad Berenstein, Founder, Brook Bay Capital, LLC
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Aviation Festival Americas 2023
May 16-17 at the Miami Convention Center New Technologies. New Strategies. New Beginnings for the Americas Aviation Industry.
Meet, Connect and Rebuild the Aviation Industry Register Now |