Overview
PASSUR's principal business is to provide business intelligence and predictive analytics solutions that save money, enhance operational efficiency, increase safety and security, and improve the passenger experience. These analytics are derived from our PASSUR Proprietary Surveillance Network of live flight information, updated every 1 to 4.6 seconds, and include decision support software, predictive analytics, and web-delivered collaborative decision solutions, enhanced by professional services provided by industry experts.
PASSUR serves most major airlines (including six of the top eight North American airlines, as well as the top five hub and spoke airlines), approximately 60 airport customers (including 23 of the top 30 North American airports), and approximately 200 corporate aviation customers, as well as the U.S. government.
Our predictive analytics save customers substantial costs annually by enabling preemptive decision making and more effective operational planning.
We invite you to explore the many ways we help aviation organizations dramatically improve financial and operational performance.
PASSUR's momentum comes from the following industry conditions and demand drivers:
-Continued shift to collaborative decision-making – Both within large airlines (who need common operating platforms and instant coordination between system operations, hubs, and regional operators) and between multiple airlines and airports (all of whom understand that certain expensive problems cannot be solved without extensive collaboration around complex operational procedures).
Focus on dashboards and exception reporting – Because of the massive data available, the Company believes its solutions highlight the most important information which impacts the efficiency of operations and identifies deviations from the norm.
- Large companies and system integrators want better content and data – Large companies and system integrators often have excellent systems, but the systems are powered by sub-optimal information – either received from the government or directly from the customer. As a result, the systems fail to perform to their full capabilities.
- Improved security for timely responses – Governments are requiring that their systems be able to predict, monitor, and immediately respond to threats. Aviation is of particular interest and concern as detailed information on individual aircraft, and trends in aircraft behavior, including flight history, is difficult to access in time to evaluate a potential threat and prepare a timely response.
- Shift from government to commercial spending – Governments in the U.S., Canada, and Europe are concentrating on core data infrastructure investments. They are turning to private industry to develop many of the higher-level capabilities that build on, and will interact with, those basic infrastructure investments.
- Fuel prices are dramatically increasing as a proportion of overall costs – Fuel has now surpassed labor as the single highest cost component as a percentage of the overall cost of the flight. Many PITM solutions directly mitigate fuel burn.
- Common use systems from airline to airport centric – Airports are increasingly being tasked with providing more operational services previously performed by each airline, so as to avoid redundant costs and inefficient business and operational practices. With airports acting as the contracting, service delivery, and in some cases operational coordination body, costs can be reduced, spread among all the players equitably.
- Automation vs. manual processes – Many complex and expensive operational processes at airlines and airports are still manual, opening a large opportunity for automation for cost savings and efficiencies. Anything relating to irregular operations, airspace and surface management, and operations has a heavy requirement for collaboration among airlines and airports.
- Carbon emissions are becoming a greater focus – Airlines and large aviation solution providers are increasingly sensitive to the industry’s carbon footprint. PITM solutions directly address carbon output by reducing fuel burn.
- Consumers want better information relating to aviation – There is a demand for more detailed, accurate, and timely information that will allow for better predictability in the travel experience. That type of consumer service requires access to a much higher level of aviation data and information processing, predictive analytics, and information, independent of any one particular carrier.