Artificial Intelligence: Empowering Firms Like Never Before—Global Airlines Sector (Part 2 of 5)

In this commentary DBRS Morningstar explores how Airlines are using artificial intelligence (AI) to optimize operations, increase revenues and manage their cost base, and how AI adoption may impact the credit ratings.

Key highlights include:
-- Airlines are leveraging AI to effectively execute complex, time-bound operations in the most cost-efficient manner.
-- Increased focus on data collection has led to new and improved AI models, resulting in better business outcomes.
-- AI is sine qua non for airlines to achieve their operational and financial goals. Failure to invest in AI may adversely weigh on long-term credit profiles.

“Those airlines that are not aggressive enough in leveraging AI will face significantly weaker operating and financial position which in turn could weigh on their long-term credit profiles.” said Vineet Khattar, Vice President, Diversified Industries.

For more on artificial intelligence, please see DBRS Morningstar’s commentaries in the series:

Part 1 of 5: Artificial Intelligence: Empowering Firms Like Never Before

Part 3 of 5: Artificial Intelligence: Empowering Firms Like Never Before—Global Grocery Sector

Part 4 of 5: Artificial Intelligence: Empowering Firms Like Never Before—Global Auto Sector

Part 5 of 5: Artificial Intelligence: Empowering Firms Like Never Before—Global Telecom Sector