Airports – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Mon, 12 Feb 2024 13:24:52 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Airports – Tech | Business | Economy https://techeconomy.ng 32 32 Airlines’ IT Spend Increases YoY to $10.8bln in 2023 – SITA https://techeconomy.ng/airlines-it-spend-increases-yoy-to-10-8bln-in-2023-sita/ https://techeconomy.ng/airlines-it-spend-increases-yoy-to-10-8bln-in-2023-sita/#comments Mon, 12 Feb 2024 12:59:11 +0000 https://techeconomy.ng/?p=124890 SITA’s 2023 Air Transport IT Insights report, published recently, finds that both airports and airlines saw IT spend increase year on year into 2023, reaching an estimated 10.8 billion USD and 34.5 billion USD respectively, with over two-thirds of airport and airline CIOs expecting continued growth into 2024.

Airports also boosted IT spend as a percentage of revenue in 2022 and 2023 even as business benefitted from an uptick in travel demand, signalling just how crucial a role technology will play in the next-generation travel experience.

Aviation CIOs’ key investment priorities include a biometrically enabled passenger journey, leveraging data to unlock operational efficiencies, and green solutions to optimize energy consumption and emissions.

From a seamless passenger experience to optimized operations

Airlines and airports have made strides in optimizing the passenger experience, with over half having implemented IT to improve efficiency across check-in, bag tag, and boarding in 2023.

Biometrics are becoming commonplace to help curb congestion, with 70% of airlines expecting to have biometric ID management in place by 2026, and 90% of airports investing in major programs or R&D in this area.

CIOs are now looking to supplement passenger processing advancements with innovative solutions on the operations side.

To boost efficiency, protect operations against disruption, and streamline processes for both passengers and staff, CIOs are embracing IT solutions for business intelligence (BI), artificial intelligence, and data sharing.

BI is the biggest area of technology investment for airlines in the coming three years, with 73% investing in major programs.

Nearly two-thirds of airports and airlines collect and integrate data, and with the rise of generative artificial intelligence (AI), they are now looking to AI and machine learning to leverage this data and generate insights.

With most citing the “use of data to improve operational efficiency” as at least somewhat of a business challenge, it makes sense that 97% of airlines and 82% of airports are investing in AI by 2026.

David Lavorel, CEO of SITA, said:

“As we approach a full recovery of passenger demand for air travel, with domestic travel even surpassing pre-pandemic levels in some regions, airlines and airports have learned from the congestion and disruptions seen in the past two years. Advanced data sharing and analytics tools will allow them to unite stakeholders and identify opportunities for greater efficiency and leaner operations. Solutions like total airport management and BI for passenger processing provide airports and airlines real-time insight into the management of assets and passenger flow, allowing for agile, collaborative responses to any disruptions.”

Smart IT to improve sustainability

Sustainability is also high on the agenda, with industry milestones for carbon reduction as well as regulations on emissions coming into view. CIOs are setting their sights on technology solutions that can deliver concrete emissions reductions.

By 2026, over 90% of airlines plan to have IT in place to boost the efficiency of flight operations and aircraft turnaround. More than half have implemented IT to optimize both aircraft taxiing and the takeoff/landing and cruise phases of flights, with nearly all expecting to have this in place by 2026.

On the airport side, building and energy management systems are a key priority for offering a unified view of emissions and opportunities to reduce them. Investment in energy management systems* is expected to grow the most of any airport sustainability initiative, with over half of airports planning this by 2026.

“With industry ambitions to achieve net-zero CO2 emissions by 2050 in mind, airlines and airports are taking necessary steps towards reducing their carbon footprint, adopting digital tools for accurate monitoring and optimization of energy consumption and emissions,” Lavorel added.

The SITA 2023 Air Transport IT Insights research was conducted from August to November 2023. It represents the views of over 250 senior airline and airport executives, covering a quarter of global passenger traffic.

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Nigeria to Spend N46.1bn on Broadband Connection in Schools, Airports, Markets https://techeconomy.ng/nigeria-to-spend-n46-1bn-on-broadband-connection-in-schools-airports-markets/ https://techeconomy.ng/nigeria-to-spend-n46-1bn-on-broadband-connection-in-schools-airports-markets/#respond Fri, 07 Apr 2023 07:36:31 +0000 https://techeconomy.ng/?p=99415 The Nigerian government will spend a total of N46.1 billion to provide broadband connections in selected higher education institutions, airports, and markets across the country.

Prof. Isa Pantami, Minister of Communications and Digital Economy, made the announcement on Thursday in Abuja during the presentation of award letters to representatives of the beneficiary schools and airports.

Pantami stated that in November 2022, the first phase of broadband providers awarded letters to 18 universities, one College of Education, and 20 markets for Small and Medium Enterprises.

Last week, the Federal Government approved N24.20 billion for the provision of broadband internet connectivity in at least 20 airports, 43 schools, and six marketplaces across the country.

After the Federal Executive Council meeting, Pantami told State House Correspondents that the selected local and international airports were drawn from the six geopolitical zones, with three airports from each on average.

He also said that the higher institutions of learning and markets that will benefit from the five-month project are also drawn from the geopolitical zones.

The Minister mentioned that the broadband infrastructure would ensure connectivity in airports, facilitate e-learning in schools, and facilitate mobile transactions in markets as the economy transitions to a cashless economy.

He also stated that the Nigerian Communications Commission (NCC) would be in charge of implementation.

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