Skytra has been established by Airbus to strengthen the air travel industry with unique data to support strategic decisions and to develop new regulated benchmarks which enable the industry to hedge ticket price volatility. In order to create the Skytra Price Indices which measure the price of travel in specific markets on a daily basis, we have assembled the world’s largest ticketing and pricing database. As a result of this, we now curate peta bytes of air travel data showing yield, volume, gross and net revenue and refund and cancellation information on 435 airlines, by geography, booking and delivery period, including the full forward booking curve.
Problem
Air travel data is patchy, often delayed, rarely curated and subject to change. COVID-19 has magnified these issues, challenging existing models that estimate earnings or seek to discover trading signals
Solution
Airtyx draws on the world’s largest curated air travel database. The Skytra global ticketing database combines petabytes of ticketing and pricing data to identify the prices of over 83% of individual seats sold globally for 435 airlines each day. The data includes airline yields, volumes and gross/net revenues, by region, flight booking and delivery period in cumulative and last 7 day views.
Benefit
See YoY% change in revenues by reporting period before airlines provide guidance or report results. See how airline yields compare with one another and by region and future flight delivery periods. See how airline refunds and exchanges are impacting net revenues. Understand how sales for future delivery periods are accumulating compared to last year, competitors and by region. See the impact of vaccine announcements on airline yields.
We own the world’s biggest air ticket and pricing database, curating billions of daily data points from IATA (transactions) and Kiwi.com (offered prices), enabling us to gauge a clear view of past, present and future yields, revenues and volumes of air travel globally. Aggregated from the bottom up Skytra data prices 83% of all seats sold globally on a daily basis and 100% for over 70 airlines sales. From our database we have developed two key product lines to empower all participants of the air travel eco-system.
Airtyx: Our expansive database provides granular forward looking industry insights, which can be broken down by airline, region, date and more. With reliable, clean, accessible alternative data, we are able to provide far greater transparency to the industry. Our methodologies and data governance are based on the same regulated foundation as the Skytra Price Indices, providing confidence and credibility in the robustness of our data.
Skytra Price Indices ($/RPK): The indices measure the daily price of air travel in the major markets. The benchmarks are regulated by the UK FCA and for the first time will enable risk transfer between buyers and sellers of air transport. Skytra is committed to support the air transportation industry with new financial risk management tools.
For more information on or access to our business intelligence data, please complete the form below and one of our team will be in touch.
For more information on accessing our indices or airline and route specific data, please fill in the form opposite.
Alternatively, you can call us on: +44 (0) 20 8059 7700
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