What are Decision Analytics?

Decision Analytics is a service developed by AirInsight Group that leverages existing datasets and proprietary databases to create meaningful data visualizations for our clients. It is often complex to generate insightful and actionable information from massive datasets. Our approach to combining data from multiple sources and presenting it in a distinctive dashboard format that focuses on critical issues provides our clients with actionable data to support their decisions more confidently through comprehensive analytics.

AirInsight Group developed the core of our Decision Analytics services to meet our internal requirements. It quickly became apparent that clients could also benefit from these tools. Leveraging our industry expertise and experience, AirInsight Group’s analysts add value by defining data metrics and measures that provide insights to support decision-making and evaluate alternatives. Examining these decision metrics allows clients to support decisions without inference.

Commercial aviation is a complex industry that is becoming increasingly data-driven. Today’s aircraft and engines now have myriad sensors to provide predictive inferences.  The industry is awash in the fog of data. Making sense of this data and deriving actionable information requires deploying tools that distill and highlight what is essential, separating the wheat from the chaff.

AirInsight Group’s analysts have the expertise to customize analytical models for our clients based on their specific requirements, whether evaluating the competitiveness of specific aircraft models or projecting future market dynamics using forecasting models.  We have developed an initial inventory of 25 models built from 10 datasets that form the core of our initial offering, with additional models being developed each month.

We currently offer several models built from 10 updated datasets as new data becomes available.  Databases that underlie our analytic activities include:

• Air Carrier Financial Reports (Form 41 Financial Data)
• Air Carrier Statistics (Form 41 Traffic) – U.S. Carriers
• Air Carrier Statistics (Form 41 Traffic) – All Carriers
• Air Carrier Summary Data (Form 41 and 298C Summary Data)
• Airline On-Time Performance Data
• Airline Origin and Destination Survey (DB1B)
• Monthly transactions
• Airbus and Boeing Orders & Deliveries
• Monthly traffic data for several countries

AirInsight Group serves clients around the globe.  Consequently, we deliver our data models via two primary methods.

Portal Option

We create a dedicated page on our site that our clients can access as needed.  AirInsight controls user access to the portal to ensure that those with the proper credentials can access the datasets.  This option works well for clients who need only a few people to access the models.

Client Intranet

A client may also have requirements for distributing our data across multiple sites or groups within the enterprise.   To that end, Airinsight can provide you with the model codes published on the client’s intranet.   A Power BI application will be necessary to display the visuals correctly.

Model Updates – As we update the models with fresh data or new metrics, they are saved and republished.  Client models are then automatically updated and made available for download on your intranet.

Contact us or book a session to screen-share and discuss the models.

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