The first day of IATA's first aviation data conference in Dublin was packed with data-driven insights from speakers representing Amazon, FIA and others.
Lynne Embleton, CEO of conference host Aer Lingus, kicked things off with his opening remarks, followed by Iata's chief economist and sustainability director Marie Owens Thomsen.
(Photo credit: IATA)
Average profitability is 2.8%, aviation lags behind banks (30.9%) and even railways (23.5%), but better than broadcasting (-1.4%). She predicted that airlines would make an average profit of US$7 per passenger. It costs $23.10 in the Middle East, just 90 cents in Africa and $10.30 in North America.
The next time we complain about airfares we speculate, we should keep in mind. Although we should still definitely complain.
Thomsen also slipped into two impressive data points. Data centers around the world account for 2.5% of the world's carbon emissions. Robing to the next person who says what you're doing to make a living is to burn the world.
And with the help of a neat little chart, she argued that if aviation innovation was funded at the same level as AI, the industry could be completely decarbonized by 2044.
(Photo credit: Burt Archer)
Next, Crowdstrike's Chief Security Officer appeared on stage for a talk on “Building Cyber Resilience” and only gave two handover references to what was called the “July Event.” Amazon CTO Dr. Werner Vogels has since presented a discussion backed by data on the direct correlation between cost and carbon, showing that reducing one side will reduce the other.
The biggest surprise of the day came from Habib Turki, FIA's head of development. This is another motorsport on behalf of the organizations that control F1. He argued that racing has valuable lessons for aviation, particularly in the field of biofuels and AI. He broadened the debate by reshaping both industries as part of a single category he called “mobility.”
(Photo credit: Burt Archer)
He also briefly stated that the winner was recognized alongside the Formula One Champions at the FIA annual event, and that FIA's Smart Drivine Challenge, App Based Competition Lanking Drivers, are the drivers who rank drivers from all over the world. But his outstanding moment? Presenting the most unexpected slide of the day: motorsport as a model of sustainable innovation.
Next comes and stand on the second day.
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International Air Transport Association (IATA) Airlines and Airports
