GREENWICH, Conn. , Jan. 16 /PRNewswire-FirstCall/ -- PASSUR Aerospace, Inc. (OTC Bulletin Board: PSSR) announced today that Savannah/Hilton Head International Airport has contracted for a suite of PASSUR solutions to help with landing fee management collection and enhance airport operational efficiencies.
"Identifying every possible revenue source, assuring our airline partners we are doing so fairly and efficiently, and being able to predict cash flow, are all essential components of running airports as a business -- and PASSUR is going to help us reach these critical goals," said Patrick Graham , Executive Director of Savannah/Hilton Head International Airport. "We've conducted extensive research, and found PASSUR to be the solution that airports are using to improve their landing fee management and provide the most accurate information to their airport operations groups -- delivering the successful financial and operational metrics that airport boards are demanding."
"Our solutions are very attractive during these tough times, when airports need to focus and execute on the basics. I'm very pleased we have met Savannah/ Hilton Head airport's requirements and look forward to a strong partnership going forward," said Jim Barry , president and CEO of PASSUR Aerospace.
The PASSUR Landing Fee 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 puts 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 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.
About Savannah/Hilton Head International Airport
Centrally located to serve the greater Savannah area and the Low Country of South Carolina , Savannah/Hilton Head International Airport offers 42 daily flights to 11 destinations.
About PASSUR Aerospace
PASSUR Aerospace is changing the way aviation and aerospace information is collected, analyzed, and delivered. PASSUR Aerospace owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs) located at more than 85 airports world-wide, including 34 of the top 35 U.S. airports -- from which it provides PASSUR information, analytics, and decision support tools to improve the financial condition and operational efficiency of organizations. PASSUR Aerospace offers unique user-friendly information, as well as decision support algorithms, which provide innovative commercial air traffic solutions to more than 50 airports, including 8 of the top 10 U.S. airports; to dozens of airlines, including 7 of the top 10 U.S. airlines; and to more than 180 corporate aviation customers, as well as to the U.S. Government. In addition, the company has created and implemented collaborative web-based software that allows the company's customers to instantly share information to improve individual and joint decision-making, creating additional value for those customers.
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, 2007 Form 10K, and the July 31, 2008 10Q.
Contact: Ron Dunsky (203) 622-4086 [email protected]SOURCE PASSUR Aerospace, Inc.
