Analysts and others recently learned more about the future of air
travel at the 2016 IATA World Passenger Symposium.
The
sixth annual event was held Oct. 18-20 in Dubai at the JW Marriott Marquis,
and involved three days of discussions on everything to do with commercial
airline service and air travel. Sponsored by Amadeus and Emirates Airline, as
well as a number of other companies, the 2016 IATA World Passenger Symposium was
a chance for industry insiders to look critically at what's happening in a very
important field.
A video
on last month’s conference shows company representatives like Jonathan Keane
of Accenture and others talking about what Keane estimated is a $60 billion
part of the airline industry.
“We are here to discuss critical topics about innovating
better together, looking at industry disruptors, digital transformation and how
we collaboratively improve disruption management for passengers and their
baggage around the world,” Rob Sinclair Barnes, strategic managing director at
Amadeus, said in a video statement.
Another company sharing at the IATA World Passenger Symposium
was Sabre, a firm with a lot of experience analyzing airline technology and
more.
A Nov. 1 press release shows Sabre promoting a study
unveiled at this year's convention about the personalization of airline travel.
Essentially, what this study found is that many flyers are
willing to pay a little bit more for a customized experience.
Researchers asked travelers about ancillaries such as flight
upgrades, food and beverage, extra seating room and in-flight wi-fi, along with
additional baggage services.
What they found was a gap between the current spend of
airline passengers, and what they report they are willing to spend in order to
improve their experience in the air.
“Our results for the Middle East show that travellers are
prepared to spend 50 percent more on extra travel products -- such as priority
check-in, fast-track security and cabin class upgrades -- than they currently
do, if that spend improves their travel experience,” Shelly
Terry, vice president of product marketing, Sabre told Gulf News
Journal. “It’s clear that, to travelers in the Middle East, being
able to buy a more ‘personalized’ travel journey is important; people want to
have access to new products and services from their airlines that will make
their trips more enjoyable.”
Terry said Sabre did the research to show how passengers are
motivated in different regions of the world, to promote better capability on
the part of airlines to innovate in the right directions.
“As personalization and choice become increasingly important
in travel, it is important for airlines to understand the wants and needs of
their individual travelers,” Terry said. “We wanted to see how this differs
between regions, in order to help airlines understand how they can tailor their
services to suit the demands and expectations of their consumers.”
Terry sees more of this kind of “consumerization” of flight
service in the future.
“As airlines evolve into retailers, travelers are likely to
see more choice in terms of the products and services they can purchase from
their airlines,” Terry said.
Sabre study data displayed at 2016 IATA World Passenger Symposium
