25th February 2019
The need for accurate insights to help shape the future of travel is underlined today with the launch of Cirium, designed to be the leader in data and analytics within aviation and the wider travel industry.
Cirium’s experts analyze millions of data sets each year to help airlines, airports, governments, metasearch, travel management companies and financial institutions to predict future market demand and make informed decisions about their business strategies.
Several economic forecasts are suggesting that average GDP growth in 2019, will be between 2-3%. With aviation closely linked to global GDP growth, such businesses need well informed insights to forecast supply and demand and manage challenges, including aircraft supply, fleet utilization, fuel prices and increasing number of passengers.
Cirium analyzes the huge volume of data generated from the millions of flights a year to help keep the travel industry in motion:
“Keeping the world moving is our day-to-day mission”, says Christopher Flook, CEO of Cirium. “In 1909 we were the first to record the earliest days of flight and now in 2019, as Cirium, we are uniquely positioned to reshape the wider travel industry with our data intelligence solutions.”
Cirium’s data and analytics divisions, have been the first to bring innovative solutions to market, such as the web’s first aircraft valuations service and the first to automate the ticket waiver process during times of flight delays and cancellations.
The group grew its portfolio significantly through the acquisition of leading data intelligence companies, including Ascend, Innovata, Diio and FlightStats.
Cirium employs a team of over 400 technologists, analysts, data scientists and market experts in the UK, US, Europe, India and Asia-Pacific.
Cirium’s portfolio comprises:
The Cirium brand has been created after extensive global research and is being introduced to Cirium’s customers and employees worldwide from today.
For further information please visit www.cirium.com/smarterway and follow Cirium updates via LinkedIn, Twitter and YouTube.
Cirium brings together powerful data and analytics to keep the world in motion. Delivering insight, built from decades of experience in the sector, enabling travel companies, aircraft manufacturers, airports, airlines and financial institutions, among others, to make logical and informed decisions which shape the future of travel, growing revenues and enhancing customer experiences. Cirium is part of RELX PLC, a global provider of information-based analytics and decision tools for professional and business customers. RELX PLC shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Find out more at cirium.com
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