The growing complexity of land based workforce logistics and technology advancements are driving business process automation and innovations to optimize the supply chain. True digital transformation can be achieved through a paperless future with information exchanged on computers and tablets and digitally signed by stakeholders.
The post-COVID road to recovery won’t be without its challenges for airlines as they work hand in hand with regulatory bodies and governments worldwide to enable a sustainable growth trajectory from the present slump. While airlines across the globe ponder over ways to reduce costs, they also need to focus on generating revenue from their operations to sustain the business. Airlines will need to innovate in order to remain relevant in these tough times, and they need to look beyond their own product horizons to stimulate demand and start the long road to recovery.
The energy industry is going through a massive transformation aimed at delivering efficiency in operations to effectively function in the fluctuating demand and supply environment. This shift would necessitate new business models and process innovations across various disciplines - including logistics. Supply function stakeholders need to ask themselves pertinent questions regarding the logistics strategies and processes, and the collaboration models with charter airlines and helicopter companies.
Using direct connectivity with airlines is not a new concept, and several travel agents have been doing it for a while. This means travel agents can transact directly with airlines using their own communication channel. However, is it good enough for travel agents to stay competitive? Or is there a better solution that can give travel agents an easier way to use rich content, dynamic pricing, and personalisation on flights and associated products?
The airline industry has taken one of the biggest hits because of the COVID-19 pandemic. With passenger and cargo capacity on the decline, cargo carriers have been trying to be on top of the situation by deploying various strategies like aircraft conversions, and more chartered flights.
These are unprecedented times and Cruise lines have their work cut out as they strive to emerge victorious in their tug for survival as well as their road to recovery. Cruise industry is no doubt a resilient one having previously faced and recovered from health outbreaks such as norovirus and chickenpox and negative sentiment in the wake of tragic incidents such as that of Costa Concordia.