Smarter at every step The Mega Trends CXO Perspective€¦ · Social Media Invaluable tool to ......
Transcript of Smarter at every step The Mega Trends CXO Perspective€¦ · Social Media Invaluable tool to ......
Smarter at every step The Mega Trends CXO Perspective
Mittu Chandilya
Customer Experience Leveraging Technology
Leveraging TechnologyOn-board
In-Flight EntertainmentGate-to-Gate technology accessIn-flight internet connectivity
Mobile booking and terminal experience
Mobile check-in and smartphone boarding passesBag DropsSelf Check-in
Social Media
Invaluable tool to promote brands and improve customer engagement Enables an airline to add value to the customer experienceAs a direct and immediate communication tool, can be very dangerous
The way aheadFast, simple and efficient experiences
Fuelled by standards set by experiences that passengers have
in other industries
Managing Expectations
Passenger Expectations
Need for a holistic
approach to customer
experience in Aviation
Higher Revenues
TechnologyReducing Costs and Emissions
Source - http://marketrealist.com/2014/09/must-know-environmental-awareness-airline-industry/.
Technology Impact on Fuel
Retrofits WingletsAdvanced EnginesLighter materialsLower energy consumption
7-13%
New aircraft design before 2020
Geared Turbo Fan / LEAP enginesOpen Rotor EngineCounter rotating fanLaminar Flow to reduce aerodynamic drag
25-35%
New aircraft design after 2020
Blended wing bodyRevolutionary engine architectureFuel cell system
25-50%
The Indian Aviation Sector
Overview
By 2030, India’s working population to be thrice the total population in the US
By 2016, India’s middle incomeclass to be triple the total population in Germany
Working population is estimated to increase from 825 million in 2015 to 900 million by 2030, almost three times the US population
India’s middle income population is expected to 267 million by 2016 equivalent to over three-times Germany’s population
3rd largest aviation market by 2020Travel & tourism to contribute USD 475.43 billion to GDP by 2025
By 2020, passenger traffic atIndian airports is expected toincrease to 421 million from 106.45 million in 2016106.45
421
2016* 2020million
142.65
475.43
2015 2025E
USD billion
97.20
192.83
19.34 36.53
2015 2025E
CAGR: 41.02%
CAGR: 12.79%
Leisure Travel & Tourism spending (in USD Billion)
825
900
2015 2030million
CAGR: 0.6%
160
267
2011 2016million
CAGR: 10.8%
Challenges & Opportunities
Challenges
◇ Policy constraints and Security Regulations
◇ I.T. viewed as a non‐core strategy
◇ Lack of alignment among stakeholders
◇ Scarcity of skilled manpower in aviation IT technologies
◇ High attrition of trained resources
Opportunities
◇ Project Gagan
◇ Largely untapped market with huge growth opportunities
◇ Greater government focus onInfrastructure
◇ Threat of substitute product low resulting in innovation as a potential differentiator
A connected airline gets the right information to the
right places at the right time, which helps to
improve decision-making and resolve operational
problems in the short-term and reduce costs and
increase revenue in the long-term.
Source - http://www.pwc.com/us/en/industrial-products/publications/tailwinds-the-connected-airline.html
Thanks!Any questions?You can find me at:
@mittuchandilya
officialmittuchandilya
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Source: presentation of Mittu Chandilya
at the 2016 SITA Air Transport IT Summit, Barcelona.
2016 Air Transport IT Summit. Confidential. © SITA 2016