Economic growth with significant attraction to investments

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"The Airline Industry is one of the fundamental infrastructures that builds economic growth with significant attraction to investments. Just like any other investment, airline businesses demand strategic planning to save on costs and time. The CNBC article highlights serious strategies that can be used to make airline businesses more effective by focusing on time-saving strategies to save carrier costs (Instant News-Trending US, 2023). A data-driven approach can be used to predict possible strategies that can optimize airline process efficiency. Some of the opportunities for improvement can include: Using data to optimize gate assignments-Existing management procedures of the arriving and departing planes can be studied carefully, and data regarding the time saved and the fuel costs saved can be analyzed to identify patterns in airport gates and taxiing times that require improvements to optimize time and fuel savings. After identifying areas that demand improvements, such as unnecessary ones, a predictive model can be introduced to improve the efficiency of the current operating models. The boarding process can be another cause of delays. As a data analyst, you must consider analyzing boarding times from different planes and expounding on the scope of airline operation seasons.

Reference no: EM133772749

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