Optym and Amadeus have partnered to provide a new suite of network planning solutions based on algorithms that give airlines an optimized schedule based on accurate forecasts, the companies said.
The solution can create a schedule from scratch–without a previous schedule to work with–giving the airline more strategic flexibility and opening new scheduling opportunities that may have previously gone undiscovered. The companies said when airlines succeed in optimizing their flight schedule relative to their full potential, they can unlock an additional one to three percent of their current revenues.
Optym specializes in building decision automation and optimization solutions for the transport industry. The company develops intelligent solutions for companies to reduce their operational costs, increase their profitability and improve service quality.
Amadeus provides technology that helps improve business in more than 190 markets with a team of more than 14,000 people. For the year ended December 31, 2015, the company reported revenues of EUR3,913.0 million.