Harnessing Data and Technology: A Solution to Addressing Current Challenges in the Aviation Industry
EXSYN Aviation Solutions | Simplifying Aircraft Data
Transforming Aircraft Data into Reliable Insights. Your Complete Platform for Data Quality, Reporting, and Analytics.
In the aviation industry staying ahead of disruptive challenges is crucial for sustained success. To gain insights into the market Oliver Wyman conducts an annual MRO survey among airline and MRO employees. Amongst others, participants are asked about the major disruptors in the coming five years. The top three key concerns are:
Fortunately, data and technology offer valuable tools to address these challenges effectively as we will outline in today’s article.
Using Data to Optimize Operations
Harnessing the power of data can yield numerous benefits. By employing data-driven insights, airlines, and MROs can make informed decisions that result in cost savings and operational efficiencies:
However, to make this work you need to make sure all data in the MRO/M&E system is correct and up to date, is the only source of truth, and has no additional workarounds or Excel sheets next to the system.
Maximizing Data Utilization
To fully harness the potential of data in addressing industry disruptors, it is essential to establish a strong foundation for data management. The following steps are crucial:
Harness the power of technology for fleet changes
In general, welcoming new aircraft to the fleet is overall a moment of joy. It enables new routes, more frequencies, cost efficiency, and better customer experience. However, for the engineering team, it is a moment of stress, hard work, and a lot of data to process. It means managing resources between ongoing operations and one-of-project phase-ins. It can even constrain the revenue growth of the airline if something is not going as planned albeit all airworthiness data needs to be available in the system to manage the aircraft and be operational. Time is money and manual data entry not only costs lots of time but is human error sensitive as well. The format and completeness of data also vary according to aircraft type, which might affect timeliness.
Technology can help:
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Technology can help to significantly speed up the process and enhance the overall data quality, allowing the actual engineers to focus on the important details instead of bulk processing.
Example
Software solutions tailored to the airline maintenance industry provide efficient means to manage data and unlock its value. For instance, solutions EXSYN solutions NEXUS and AVILYTIVS empower engineering teams to automate critical processes and ensure compliance. They bridge the gap between airworthiness management, data, and IT and save valuable time & costs.
It includes functions such as:
?Automated aircraft phase-ins
?Automated technical fleet reliability reports
?AOG risk monitoring
?Automated data validation and airworthiness consistency checks
?Conducting continuous data health checks
?Self-service reports such as maintenance due forecast
?Interfaces for automatic data exchange
For a live demo of our software solutions and to talk with our experts about how to become a leader in aircraft data management and tackle the current challenges you can also meet us at the Airline & Aerospace MRO & Flight Operations IT Conference – EMEA on 13-14 June 2023 and visit EXSYN at Booth E3.
Our colleagues? Robert Alexander Vermeij ?and? Sander de Bree ?would be happy to meet you and show you how our software solutions can help you in person.