Lufthansa Consulting adopts Airline Economics
Munich, Frankfurt, 24 SEPT 2024, Skailark, a Data as a Service company which provides its customers with granular, highly accurate cost and revenue data insights, is proud to announce that Lufthansa Consulting has adopted its Airline Economics platform. By integrating Skailark’s Airline Economics platform, Lufthansa Consulting will enhance its data-driven approach, offering clients even deeper insights into cost efficiency and market competitiveness.
Arvind Chandrasekhar, Associate Partner and Head of the Solution Group Network and Fleet Management at Lufthansa Consulting, commented:
“As an aviation consulting firm that prides itself on delivering insightful, data-driven advisory services, we are pleased to work with Skailark to bring its powerful data tools to bear on our projects globally. The granularity and global coverage of the data will enable us to deliver on our strategy and network planning mandates with greater robustness and efficiency.”
Airline Economics leverages big data from the entire industry and proprietary advanced machine learning models to generate relevant cost and revenue data by route, O&D or aircraft type. Cost data can be adjusted by sector length for example to ensure comparability with other operators.
Dr. Christian Soyk, CEO & Founder of Skailark, commented:
“We are excited to welcome Lufthansa Consulting as a client and partner. Lufthansa Consulting’s decision to utilize our digital twin technology underscores the value of accurate, data-driven insights in shaping the future of aviation. We look forward to supporting them with the most precise cost and revenue data available in the industry.”
About Skailark:
Recently added to the 2024 Startup Universe compiled by Amadeus, Skailark is empowering the world of aviation with unparalleled data insights, providing a digital twin (data image) of the global aviation industry. Emissions, cost, revenue and other key drivers of all flights of the largest >350 airlines worldwide are modelled. Our cloud-based interface allows unparalleled competitive insights and dynamic modelling capabilities. All for best-informed decision-making on strategy, sustainability, transformation, M&A, fleet, network and aviation policy. Our highly accurate data has already been used by the strongest brands in aviation, consulting, media publishers, and the financial services industry.
About Lufthansa Consulting:
Lufthansa Consulting is a globally active aviation and management consulting firm. As a trusted partner of the international aviation industry, Lufthansa Consulting delivers customized services and solutions to airlines, airports, governments and investors. Their expertise in strategic and operational issues, combined with deep industry knowledge, enables them to help clients improve performance, increase profitability and drive sustainable growth.
Contact:
Skailark GmbH
Lenggrieser Str. 16
81371 Munich
Contact for enquiries:
Aurelius Noell
aurelius@skailark.com
+43 676 6583567
Marlene Hollwurtel
Marketing and Communications
Lufthansa Consulting GmbH
press@LHConsulting.com
+49 151 589 40 538