Salt Lake City International Airport Contracts for a Suite of PASSUR(R) Solutions
Revenue capture and airfield optimization are addressed
STAMFORD, Conn., Sept. 23
STAMFORD, Conn., Sept. 23 /PRNewswire/ -- PASSUR Aerospace, Inc. (OTC Bulletin Board: PSSR) announced today that Salt Lake City International Airport has contracted for PASSUR airport solutions designed to deliver revenue optimization and operational efficiency, safety, and cost effectiveness for key airport users. Specific solutions selected for subscription are the PASSUR Landing Fee Management program and the PASSUR Field Condition Reporting program, including eNOTAMs integration.
"Our customers expect a predictable travel experience and cost-effective management of our aviation operation," said Maureen Riley, Executive Director, Salt Lake City Department of Airports. "Airline carriers, in particular, want us to partner in helping them deliver a profitable, on-time schedule. The PASSUR solution sets are part of our ongoing commitment to deliver to our partners."
"We are so pleased to be expanding our relationship with Salt Lake City International Airport," said Jim Barry, President and CEO of PASSUR Aerospace. "This is a passionate, dedicated group of professionals who have understood the value of information, automation, and collaboration in executing on their core mission."
The PASSUR Flight Operations Revenue Management Program
Airports today are expected to capture all revenues from all flights, assure their airline partners that fees are levied fairly, transparently, and efficiently, and explore new avenues of activity-based revenue. The legacy system of airline self-reporting has become a complex, time-consuming, and inefficient process. The PASSUR Landing Fee Management Program and Airport Management Business Intelligence Reports put airports in control of these critical revenue streams by giving them and their airline partners the independent, standardized and accurate information tools they need to ensure complete revenue capture, quicker revenue recognition and payment, and effective forecasting and analysis. The program also includes the option for a rich aviation operation statistics data feed into Airport Operational Database (AODB) systems.
The PASSUR Airport Operations Program
Airports are being asked to provide more cost-effective, efficient, and safe airfield operations for carriers, to help them achieve greater throughput, quicker turns and fewer ground delays - critical elements of airline profitability in today's challenging environment. Airports also want to consolidate as many airfield management functions onto a single platform to minimize staff requirements. The PASSUR Airport Operations Program provides airport ramp tower, operations and communication centers the alerts, decision support, planning and analysis tools they need to run a more efficient and safe operation, and the web platform for cost-effective communication, coordination and collaboration with all the airport's key constituencies. It includes modules for field condition reporting/eNOTAM integration, live dashboards of key operations metrics, flight and airspace visualization, and extended ground delay management.
About PASSUR Aerospace, Inc.
PASSUR Aerospace, Inc. is a business intelligence company which provides its customers predictive analytics built on proprietary algorithms and on the concurrent integration and simultaneous mining of multiple databases. We believe we provide the industry standard in business intelligence dashboards and predictive analytics for aviation organizations. PASSUR serves most major airlines (including 6 of the top 7 North American airlines, as well as the top five hub airlines), over 50 airport customers (including 10 of the top 15 North American airports), more than 200 corporate aviation customers, and the U.S. Government. PASSUR's system is driven by its proprietary, patented, business intelligence software which is powered by a unique North American network of 140 passive radars, company owned, including one located at each of the top 35 U.S. airports. Other PASSURs are located in Europe and Asia. Flight tracks are updated every 4.6 seconds, thereby providing a system which is user-friendly and useful for decision-making. Visit PASSUR Aerospace's web site at http://www.passur.com for updated products, solutions, and news.
The forward-looking statements in this news release relating to management's expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company's owned PASSURs located at major airports, the Company's maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company's results is contained in the Company's SEC filings, including the October 31, 2009 Form 10K, and the July 31, 2010 10Q.
SOURCE PASSUR Aerospace, Inc.