California | October 17, 2018–TAP has signed a 5 year extension of its existing Repair By The Hour (RBTH) maintenance services agreement with Thales to cover its Airbus A320 and A330/40 fleet of 65 aircraft until mid-2023.

TAP and Thales have set up their collaboration 17 years ago, with a first contract signed in 2001. This new agreement, resulting from a complete competitive tender process, is the recognition of the value brought by Thales best-in-class support services.

In addition to the maintenance services agreement, TAP has also selected a package of avionics components on its 53 new A320NEO and A330 NEO aircraft. This includes the market leading Thales Flight Management System, the T3CAS and transponder. The fleet will also be equipped with Thales Emergency Location Transmitters (ELT) and Angle-Of-Attack sensors.

Chicago, USA | October 9, 2018– Boeing announced today that it has completed its acquisition of KLX Aerospace Solutions to enhance its growing services business and deliver greater value to its customers. The acquisition positions Boeing to compete and win in the $2.8 trillion, 10-year aerospace services market.

KLX, a major global provider of aviation parts and services in the aerospace industry, provides a clear path for Boeing’s services business to accelerate growth. Its capabilities include distribution and supply chain services. KLX currently markets and distributes products for approximately 2,400 manufacturers and offers approximately 1 million catalog items.

KLX is also a leading supplier of chemicals and composites, which complements Aviall’s portfolio, allowing Boeing to offer commercial, defense, business and general aviation customers a broader range of offerings.

“This acquisition brings together the talent and product offerings of Boeing and KLX to provide a one-stop shop that will allow us to create significant value for our customers. There are also extensive opportunities for services growth and innovation for Boeing and our supply chain that is unique to the industry,” said Stan Deal, president and CEO of Boeing Global Services. “The resulting boost in supply chain capability will allow us to better serve our customers while profitably and purposefully growing our business.”

With approximately 2,000 employees, KLX Aerospace Solutions will continue to operate from Miami with customer service centers located in more than 15 countries.

The acquisition is aligned with Boeing’s organic growth strategy, with no change to Boeing’s capital deployment strategy or commitment to returning approximately 100 percent of free cash flow to shareholders.

Boeing is the world’s largest aerospace company and leading manufacturer of commercial airplanes and defense, space and security systems. Boeing is also the world leader in combined commercial airlines and government services with customers in more than 150 countries. The company’s products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. Boeing employs approximately 140,000 people across the United States and in more than 65 countries.

London | February 6, 2017– According to the latest procurement intelligence report from Technavio, the global air travel services market is expected to grow at a CAGR of close to 4% over the next five years due to the increase in corporate traveler spending.

The research report titled ‘Global Air Travel Services: Procurement Intelligence Report 2016-2020’ provides an in-depth analysis of category spend, best procurement practices and cost saving opportunities, aimed at helping organizations achieve superior business performance. The report also provides insights on pricing, supplier positioning and top companies, enabling sourcing professionals to improve their competitive advantage through procurement excellence.

“Rapid pace of globalization and rapid expansion of large organizations into emerging markets such as China, India, and Brazil have increased the need for air travel. Growing demand from corporates is a major driving factor. The corporate travel sector is expected to grow at a CAGR of 5% through 2017,” says lead Technavio procurement expert Angad Singh for category spend intelligence.

Request a sample report: http://www.technavio.com/request-a-sample?report=52886

Technavio sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Cost saving opportunities in air travel services

Adoption of various cost optimization levers allows buyers of air travel services to not only realize direct cost savings but also enhance category management and value benefits (such as reduction in procurement complexities).

Technavio procurement experts have segmented the cost saving opportunities in the air travel services market into the following value-enhancement opportunities:

• Adoption of technology
• Supplier Competition
• Adoption of negotiation strategies
• Optimization of procurement practices
• Bundling of services

Adoption of technology saving aspects

New types of seating, including economy smart seats with fixed headrests for sleeping and 6-inch adjustable reclining capabilities for spine support, were introduced to enhance ergonomics and differentiate services effectively.

Big Data allows managers to make data-driven decisions and respond appropriately to the fast-changing dynamics in the air travel sector. Smart, analytical tools help marketing and finance departments to sort data rapidly before converting them into actionable insights.

Optimization of procurement practices saving aspects

The performance of suppliers can be linked to a portion of their fee and can be paid upon rendering of services in a satisfactory manner. It is important for category managers to track and measure the performance of suppliers against a set of defined KPIs (that are agreed upon by both parties during the contract negotiation phase).

Before the commencement of contract-related discussions with suppliers, category managers must ensure that they have clearly identified and listed down potential negotiation levers.

Bundling of services saving aspects

Bundling of services allows buyers to mitigate the risks involved in managing multiple aspects of travel management such as booking of hotels, and local transit and destination management. This offers buyers visibility on spend and allows them to negotiate costs better.

• Industry’s most advanced global marketing platform gives airlines greater control over the mix and measure of marketing content to create a compelling passenger experience and maximize additional revenues

Singapore | October 25, 2016– Panasonic Avionics Corporation (Panasonic) has today announced the launch of Captify Inflight Marketing and Advertising Services (Captify). Captify, which is the aviation industry’s most advanced inflight marketing platform, delivers all the key features needed by airlines, their external partners and paying advertisers. The platform comprises the software tools and support teams that power the largest inflight marketing solution in the world – reaching 1.3 billion travelers a year.

Captify enables airlines to target by seat class, route, device, language, and passenger data. With no changes to on-board media, it can increase or decrease ad loads, cap the frequency of marketing campaigns, and deliver detailed usage data in real-time. This allows airlines to optimize promotions for a wide range of optional services, partnerships, loyalty programs, and paid advertising all within a compelling passenger experience. The platform delivers video, native display, and sponsorship options for high-impact, fraud-free marketing with best-in-class targeting and results.

Using this information, Captify helps airlines and their marketing and sales partners learn more about their customers by bringing together all the passenger and behavioral data, so airlines can gain intelligence and inform business or service strategies. That means marketing and media data that are accurate, integrated, actionable and fully supported by Panasonic’s expert account management and training teams in real-time.

Captify is built to fit any airline’s business model, with access for internal marketers, external sales teams, and ongoing trafficking and testing support from Panasonic. The
full-service platform includes ground-side tools for scheduling and analytics of marketing campaigns; air-side servers and APIs to integrate with any aircraft’s inflight entertainment or connectivity systems; plus Panasonic’s dedicated service teams working hand-in-hand with airlines partners, media agencies, and content providers.

Paul Margis, CEO of Panasonic Avionics, comments: “Airlines are increasingly focusing on non-ticket revenue to deliver profitability. At Panasonic we view the modern aircraft as a ‘business platform’ – because our systems play an integral part in helping airlines reach their ancillary-revenue goals.

“Inflight media and marketing are rich with distinctive opportunities, and Panasonic is leading the way and is committed to supporting our airline partners as they adopt the technology.”