$3.4 BILLION OF TECH-ENABLED SAVINGS
What’s $6.12 to you? A fast food meal? A pair of dry-cleaned pants? In the airline industry, that’s the net profit per passenger. It’s a time of razor-thin margins and shrinking profits—in 2018 they were down 23% from the year before. Which means every savings opportunity is meaningful. And technology can help uncover a myriad of them. Taking real, anonymized data, we calculated how technology can make a serious dent in the costs of one of the top-five U.S. carriers.