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"To manage effectively as a business, airports today need access to accurate, detailed, and timely information and statistics of the airfield, terminal airspace, and flight status," said Jim Barry, President and CEO of PASSUR Aerospace. "Los Angeles World Airports is a longtime and pioneering partner of PASSUR's, and they continue to lead the way in innovative and business-savvy applications of our data and software."
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 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 Arrival Management Program
Accurate arrival prediction drives a number of metrics critical to airline and airport productivity and profitability: aircraft turn times/utilization (block time optimization), passenger and bag connections, and optimal gate utilization. PASSUR RightETA has been demonstrated, in real-world airline and airport operating conditions, to reduce the incidence of gate unmets, passenger and bag misconnections, unnecessary gate changes, and extended block times.
PASSUR RightETA is one of a suite of information and software subscription products provided to airlines, and has been demonstrated to be the most accurate ETA available in the market, powering airline systems such as gate management, scheduling, passenger flight information, and baggage management. The PASSUR ETA is derived from algorithms which are fed by multiple data sources in real time, including flight position information from the network of PASSUR radar systems installed throughout the country. It is calculated by tracking multiple real-time metrics of the target flight as well as other nearby aircraft in the surrounding airspace, along with current and historic airspace conditions, resulting in an unmatched predictive capability. There is no equivalent product on the market today.
About PASSUR Aerospace, Inc.
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 100 airports worldwide, including all 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 aviation organizations. PASSUR Aerospace offers unique user-friendly information as well as decision algorithms which provide innovative commercial air traffic solutions to more than 50 airports, including customers at 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 200 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, 2008 Form 10K and January 31, 2009 Form 10Q.
Contact:
Ron Dunsky
(203) 622-4086
rondunsky@passur.com
SOURCE PASSUR Aerospace, Inc.
http://www.passur.com
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