The strategic partnership will optimize airport resources and develop master planning modules for IIAC’s overseas airport ventures
With a global coverage of more than 35 million flights, Cirium’s data will drive two IIAC state-of-the-art aviation solutions: Simulator and MasterPlanner.
Incheon International Airport Corporation (IIAC) enters a strategic partnership with Cirium, a global leader in aviation analytics. Through the partnership, IIAC will be able to leverage Cirium’s aviation data to conduct research on airport data technology and commercialization. The signing ceremony was attended by high-level officials, including Mr. Kim Beom-ho, IIAC Executive Vice President, and Mr. Youngsuk Chi, Director of Corporate Affairs and Asia Strategy for RELX, Cirium’s parent company.
Cirium is renowned for its comprehensive aviation datasets and insights, ranging from flight statuses, schedules and routes, to fleets and emissions. The company brings 115 years of experience serving a wide range of aviation stakeholders, including airlines, airports, financial institutions, government agencies, manufacturers, and technology firms.
The new partnership unlocks access to valuable data that will accelerate IIAC’s digital transformation. With its global coverage of more than 35 million flights, Cirium’s data will empower IIAC’s second-generation in-house venture program to develop two key solutions: Simulator and MasterPlanner
Simulator: This solution will optimize allocation of facilities (such as check-in counters and security checkpoints) and workforce management by calculating passenger delays and queue times.
MasterPlanner: This solution will analyze annual facility requirements and cost-benefit ratios beneficial for new airport construction or expansion projects.
The partnership will also advance IIAC’s international collaboration efforts and expand its reach to new overseas markets.
“We hope this partnership will mark the beginning of our data-driven airport operations and development vision,” said Lee Hak-jae, President of IIAC.
“By combining Cirium’s high-quality aviation data with Incheon Airport’s technical expertise, we aim to realize our goal of operating 10 overseas airports.”
Lee Hak-jae
Youngsuk Chi, Director of Corporate Affairs and Asia Strategy for RELX, expressed confidence in the partnership, stating, “We expect Incheon Airport and its in-house venture team to develop outstanding solutions using Cirium’s comprehensive and reliable data. We look forward to continuing our cooperation as business partners for overseas expansion.”
Cirium Sky is purpose-built to enable airlines, airports, financial institutions, aircraft manufacturers, and travel distributors to unlock the value in aviation data. Learn more about the data supporting IIAC’s digital transformation here.
London, 14 January 2025: Cirium Ascend Consultancy, part of the world’s most trusted source of aviation analytics, Cirium, has once again landed Airline Economics’ prestigious title of ‘Appraiser of the Year’ at an award ceremony last night.
This marks the tenth win for Cirium Ascend Consultancy, demonstrating its unparalleled expertise within aviation consultancy and underlining its unwavering commitment to excellence, transparency and accuracy.
The annual award was presented to Rob Morris, Global Head of Cirium Ascend Consultancy, at the Airline Economics Aviation 100 Global Leaders Awards 2025 in Dublin, Ireland, which celebrates the best companies, individuals and transactions in the aviation finance and leasing sector.
2025’s landmark win makes it the first time a single firm has won the title 10 times, recognising Cirium Ascend Consultancy’s invaluable insights that have shaped the strategies of key players in the industry.
Voters of this year’s award praised Cirium’s accurate, timely, and insightful aircraft appraisals that have provided the valuations and analysis needed to understand market outlook, evaluate risks, and identify opportunities.
Rob Morris, Global Head of Cirium Ascend Consultancy, said: “As we start 2025, we are humbled to have been named ‘Appraiser of the Year’ for the tenth time, reaching an impressive milestone in our history. Winning this prestigious accolade not only symbolises the trust and confidence our industry has in us, but is a tribute to the Ascend Consultancy team’s dedication and commitment throughout 2024. We have continued to strive for excellence, offering clients independent and transparent insights in a volatile year for OEMs, lessors, and the wider supply chain.”
Cirium Ascend Consultancy’s contributions extend beyond appraisals, encompassing various aspects of aviation analytics such as risk management, asset tracking, and sustainability evaluations. The firm’s innovative solutions, including CO2 emissions benchmarking and fuel consumption analysis, reflect its commitment to supporting the industry’s transition towards a more sustainable future.
With worldwide teams, and the industry’s largest team of ISTAT/ASA certified appraisers, Cirium Ascend Consultancy is poised to further drive industry analysis and improvement in 2025.
About Cirium Ascend Consultancy Cirium Ascend Consultancy, a division of Cirium, offers market-leading expertise to help inform and drive successful strategies in the commercial aviation industry. With a global team of seasoned consultants and analysts, Cirium Ascend Consultancy delivers comprehensive data, expert insights, and tailored services that directly impact strategic investments and open avenues for growth in aviation.
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Cirium, the world’s most trusted source of aviation analytics, has announced a new partnership with Aerlytix. The collaboration will enhance the data analytics capabilities for financial service providers and lessors, powering broader insights and more readily accessible and faster asset and risk management scenario views and reporting.
With pressure mounting on the aviation industry to provide more frequent reports and make metrics more available for advantageous market solutions, this partnership, along with Cirium’s investments in analytics, is positioned to support these challenges through innovative and transparent data solutions. Cirium predicts that 2025 will be a pivotal year for transformative data analytics in aviation finance and digital platforms to assist in investment strategies and asset management.
Jeremy Bowen, Cirium CEO said: “Our Partnership with Aerlytix, combined with Cirium’s continued investment in data and analytics innovation, underscores our commitment to driving transformative advancements in aviation finance. The industry faces mounting pressures for more rigorous financial reporting, enhanced oversight and improved access to financing—key to modernising fleets and facilitating aircraft trading. Addressing these challenges requires greater efficiencies, transparency and data security. Cirium’s unique expertise in aviation data analytics empowers financial institutions to meet these demands and create smarter financial strategies.”
Cirium’s exclusive relationship with Dublin-based aviation technology company Aerlytix, provides aviation financiers with access to maintenance-adjusted valuations, scenario-based fly-forwards on a single aircraft as well as portfolio valuation reporting through Aerlytix’s advanced digital platform.
The new integrated service leverages the combined strengths of Cirium and Aerlytix by incorporating Cirium Ascend’s comprehensive data – covering fleets, values, maintenance costs, reserves and intervals- alongside Ascend Consultancy’s accredited aircraft valuations expertise, which will be integrated into the Aerlytix proprietary SaaS platform.
Alan Doyle, Aerlytix CEO said: “This integrated service empowers the aviation financial services market to digitize decision-making around asset portfolios, seamlessly embedding analytics into finance and technical workflows. We are delighted to partner with Cirium to drive innovation and set a new standard in portfolio valuations.”
Cirium’s dedication to helping drive the evolution in data analytics within the aviation finance market extends to its recent investments in innovative tools that enable tracking flight and ground activity of aircraft portfolios, monitoring and benchmarking key value and liquidity metrics by aircraft asset class and analyzing aircraft CO2 emissions. Additionally, Cirium is onboarding new technologies to provide businesses with seamless and innovative access to its comprehensive data, including a data warehouse available through platforms such as Snowflake Software.
About Aerlytix Aerlytix is transforming the aviation finance industry across the globe with its cutting-edge SaaS products. By harnessing the power of technology, data and advanced modelling, Aerlytix delivers major productivity wins and brings accuracy and clarity to aviation investment decision-making. Driven and continuously enhanced by its active userbase it is fast becoming the technology solution of choice for industry leading Lessors, Aviation Banks and Aircraft Investors worldwide.
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
The complimentary OTPAwardsAIhelps in the analysis of the Cirium 2024 On- Time Performance results
Users can analyse and review on-time performance scores, flights, completion factors, and uncover performance trends with ease
This is the first of several GenAI assistants that Cirium will be launching this year, with a OTP Improvement AI coming soon
Cirium, the world’s most trusted source of aviation analytics, has unveiled the industry’s first generative AI assistant designed specifically for airline and airport on-time performance (OTP). OTP Awards AI is the first of Cirium’s generative AI assistants designed to supplement the analysis of Cirium’s 2024 On-Time Performance Review.
The AI assistant empowers anyone connected to aviation to dig deeper into the top performer results, review the on-time performance scores, tracked flights and completion factor insights, and uncover performance trends with ease. With this tool, users can query and compare their metrics with industry leaders to identify performance gaps.
“2025 will be a pivotal year for aviation as it seeks to enhance the use of analytics and automate workflows,” said Jeremy Bowen, Cirium CEO. “Cirium’s new AI assistants supports the growing need for data availability, which is essential for advanced, data- driven decision-making. The first of our assistants is designed to augment the analysis of the 2024 Cirium On-Time Performance Review and is the first of its kind in the market. This is only the beginning.”
Using the assistant, the user can uncover insights and identify airline and airport performance trends. The tool can show a carrier’s ability to recover from disruption and maintain a high level of on-time performance. One of the key features of the OTP Awards AI is its ability for airlines and airports to compare their performance with that of their peers. The OTP Awards AI is the first of several assistants that Cirium will be releasing to the market this year.
Cirium’s AI assistants are being created with a focus on accuracy and precision by connecting directly to Cirium’s industry leading data platform, which is considered to be the most comprehensive in the industry. Up next is the OTP Improvement AI, which is designed to take OTP analysis even further and pinpoint opportunities for operational efficiency, enhancing situational awareness and conducting deep disruption analysis.
Learn more about Cirium’s OTP Awards AI and to sign up to the OTP Improvement AI waitlist.
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Mexico’s flag carrier topped the global category, followed by Saudia, and Delta Air Lines
Regional Winners Include: Copa Airlines (Latin America), Delta Air Lines (North America), Iberia Express (Europe, and Low-Cost Airline), Japan Airlines (Asia-Pacific), and FlySafair (Middle East and Africa)
Riyadh King Khalid International Airport in Saudi Arabia Named Most On-Time Global Airport for 2024
Cirium, the world’s most trusted source of aviation analytics, today announced the winners of its 2024 On-Time Performance Review, celebrating airlines and airports that excelled in on-time and operational performance.
Cirium’s Annual report is the gold standard for global airline and airport performance analytics. An on-time flight is defined as a flight that arrives within 14:59 minutes of the scheduled gate arrival time. Airports measure punctuality as departing flights within 14:59 minutes of their scheduled departure time.
Mexico’s Flag Carrier Tops Global Rankings
Aeromexico claimed the prestigious title of the most On-Time “Global Airline” in 2024, achieving an impressive On-Time performance rate of 86.70%. Saudia followed closely as the runner-up with 86.35%, while Delta Air Lines secured third place with 83.46%, continuing to showcase its operational reliability on the world stage.
Cirium’s Annual Review also acknowledges the operational excellence of airlines across the world, with five regional awards. Iberia Express, member of the International Airlines Group, had success as both the most On-Time airline in Europe, and the most On-Time Low-Cost airline globally. Japan Airlines ranked first within Asia-Pacific, just slightly ahead of All Nippon Airways.
Delta Air Lines continued its dominance in North America, while Copa Airlines achieved a landmark 10th win in Latin America. FlySafair also won most On-Time airline in the Middle East and Africa. The full tables of results by region and category are presented below.
Riyadh’s King Khalid Airport Takes Top Honors in the Global Airport Category
In the Airport categories, Riyadh King Khalid International Airport, the gateway to Saudi Arabia’s capital, claimed this year’s prestigious title of the most On-Time “Global Airport” with an impressive 86.65% of flights departing on time. The Middle Eastern hub further distinguished itself by securing victory in the ‘Large Airport’ category, outperforming top contenders from around the world.
Special Recognition of Operational Excellence: The Cirium Platinum Awards
Delta Air Lines topped the table for a fourth consecutive year, landing Cirium’s Platinum Award for global operational excellence. This prestigious accolade comes as the Atlanta-based airline continues to be praised for its unwavering commitment to operational performance.
The Platinum award considers the complexity of the carrier’s network, volume of flights, and the ability to limit the impact of flight disruptions on passengers over the entire year.
The airline was recognized for its on-time performance over the course of 2024 at 83.46%, on more than 1,712,529 total flights in 2024.
This year, Cirium also presented its first annual Platinum Award to a global airport, with El Dorado International Airport in Bogotá, Colombia receiving this prestigious award. The Airport Platinum Award considers a broader range of factors including the impact of delays on passengers, the duration of disruptions, operational complexity, and the airport’s appeal, with a particular focus on growth. This holistic approach highlights excellence across multiple dimensions, setting a new benchmark in airport performance evaluation.
Jeremy Bowen, Cirium CEO, said: “In an industry defined by operational complexity, we are extremely proud to be celebrating the airlines and airports who have provided customers the most on-time flights and best performance in 2024, acknowledging their operational excellence.”
“2024 was a difficult year for airlines, facing a large-scale IT outage, and unseasonable and severe weather patterns. Despite these challenges, these airlines and airports have worked tirelessly to ensure their customers have a smooth journey and reach their destination on-time.”
“We extend our congratulations to all the winners of this year’s On-Time Performance Review, each of whom has set new standards in operational excellence. A special recognition goes to Delta Air Lines for continuing their outstanding winning streak with Cirium’s Platinum Award for airlines, Copa Airlines for achieving its 10th title as Latin America’s most On-Time airline, Iberia Express for its consistent performance as Europe’s most On-Time airline, and Bogotá El Dorado Airport for securing Cirium’s first-ever Platinum Award for an airport.”
Now in its 16th year, the Cirium On-Time Performance Review remains the definitive benchmark for monitoring global airline operational performance. Powered by Cirium’s vast and impartial data—sourced from over 600 real-time feeds, including airlines, airports, global distribution systems, and civil aviation authorities—it offers a thorough and objective view of the industry. The program is further strengthened by the guidance of an independent advisory board composed of seasoned industry experts with decades of experience.
Notes to editors *An on-time flight is defined as a flight that arrives within 15 minutes of the scheduled gate arrival. For an airport, it is defined as departing within 15 minutes of its scheduled departure.
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
The Cyber Monitoring Centre (CMC), is advancing its data-driven approach to analyzing and categorizing cyber events through an agreement with Cirium – the leading provider of aviation analytics – to understand the effects of cyber events on the UK aviation industry.
Cirium delivers global data and analytics solutions to leaders in finance, aerospace, travel and government. On any given day, Cirium manages more than 300 terabytes of data covering everything from schedules and routes, to aircraft configurations and passenger record numbers. Cirium data provides insights on more than 35 million flights per year.
Cirium’s data has already provided the CMC with insights into the effects of the CrowdStrike cyber event. For three days from Friday 19 to Sunday 21 July, 390 flights were cancelled departing UK airports, impacting 65,000 passengers with a further 1,700 departures delayed by more than an hour.
“Cyber events can have far-reaching impacts on airlines including lost fare income, accommodation costs for stranded passengers, and passenger compensation. Events also cause a knock-on effect to airports, retail businesses in airports, and the broader tourism industry.”
Ruth Goodwin, Head of Operations at the Cyber Monitoring Centre
“Our partnership with Cirium provides us with valuable data and insights into airline delays and cancellations, and allows us to assess the economic impact to the airlines and other connected industries. This is another example of the robust data driven approach that we are taking to analyse and categorise cyber events to allow more informed decisions to be made around cyber risk.”
“Collaborating with the CMC is a great opportunity to apply Cirium’s vast store of integrated aviation data to understand the real-world impact of a major event.”
Kevin O’Toole, Chief Strategy Officer at Cirium
“The Crowdstrike event not only highlighted the immediate impact of such an outage, but also the subsequent disruption in the days that followed, as airlines sought to recover the schedule and reaccommodate passengers. We look forward to future collaborations and hope that CMC’s work will add to the industry’s understanding of how to react to future such events,” adds Kevin O’Toole.
About the Cyber Monitoring Centre The Cyber Monitoring Centre is a non-profit organisation responsible for analysing and categorising cyber events that impact UK organisations. Events are categorised by an independent technical committee made up of leading cyber experts, and based on analyses of data from leading data providers. In 2025, event categorisation and event reports will be provided at no cost to any interested organisations and individuals to help increase the understanding of the impact of cyber events, and improve cyber mitigation and response plans.
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Cirium’s Fleet Forecast predicts 45,900 new passenger, freighter, and turboprop aircraft will be delivered between 2024 and 2043.
The number of active aircraft globally now exceeds pre-pandemic levels.
Short-term forecast to 2027 predicts a 5% drop in deliveries due to supply chain issues
London, 22 October 2024: Cirium, the world’s most trusted source of aviation analytics, has published its annual Fleet Forecast, revealing the future outlook of the global commercial passenger and freighter aircraft market.
The independent forecast, now in its twelfth year, reveals that 45,900 aircraft are predicted to be delivered globally over the next 20 years, equating to a total value of $3.3 trillion USD, as airlines continue to invest in newer and more sustainable aircraft.
This year’s forecast by Cirium Ascend Consultancy, comes as the aviation industry continues to face supply chain issues delaying aircraft deliveries, with the report projecting 5% fewer deliveries between 2024-2027 due to a shortage of components (compared to 2023 data).
Data also reveals that during Q4 2024, a total of 26,100 aircraft are currently in service, which is up 5% on January 2020 when the pandemic first took hold, showing the industry’s strong growth trajectory and recovery.
This rise has been driven by the delivery and operation of single-aisle aircraft (up 13%), with the number of twin-aisle aircraft sitting 3% below pre-pandemic levels. The number of active regional jets also remains 8% down on pre-pandemic levels, with turboprops having seen the largest drop of 13%.
Looking ahead to the next 20 years, Cirium’s Fleet Forecast also reveals that of the 45,900 new aircraft set to be delivered between 2024 and 2043, some 98% will be passenger aircraft, as the firm predicts that capacity (ASKs) will grow at 4.4% per year*.
Despite this, an estimated 3,500 freighters are expected to be delivered in the next 20 years, with the industry’s cargo fleet projected to grow 2.6% per year. This majority (70%) of these will be through passenger-to-freighter (P2F) conversions rather than new deliveries, as airlines look to make the most of the current spike in demand.
Airbus and Boeing will remain the two largest commercial aircraft OEMs, delivering an estimated 84% of aircraft between them, with this figure projected to rise to 90% by value in 2043, while COMAC is forecast to take a 6% share of demand. There is some $180 billion of demand for other OEMs (ATR, Embraer, etc), in addition to potential new programmes within the next 20 years.
Asia as a whole will continue to be the leading region for aircraft growth, taking some 45% of deliveries over the next 20 years, of which China will contribute some 20% on its own, almost reaching the North American total.
This growth is also compounded by the rise of commercial aviation within India, which is forecast to see the country’s passenger aircraft numbers increase from 720 at the end of 2023, to more than 3,800 over the next 20 years. The country is covered separately in the report for the first time.
Rob Morris
“As we continue to enter the next cycle of growth for the aviation industry, our new Fleet Forecast illustrates the continued demand for new aircraft, as airlines look to renew and expand their fleets,” said Rob Morris, Head of Consultancy at Cirium Ascend Consultancy.
However, it is clear that supply chain issues and other manufacturing will continue to cause delays for OEMs, leading to uncertain delivery schedules for many airlines, and this has been factored into our forecast.
With markets like India set for significant growth, it is clear that the next 20 years will be increasingly competitive for manufacturers, with airlines continuing to invest in their fleets.
The forecast also illustrates the challenge of sustainability and net-zero as fleet growth is balanced with new aircraft efficiency to drive reductions in unit emissions.
As part of the report, Cirium has also revealed that single-aisle are projected to lead the industry’s growth over the next 20 years, with a projected 3.9% annual growth rate, exceeding the 3.3% for twin-aisles, as long-haul traffic continues to see slower growth post-pandemic. Regional aircraft are predicted to rise more modestly at an overall rate of 0.8% per year.
The forecast covers aircraft sized from 30 seats upwards and their freighter equivalents.
The forecast does not include electric, hybrid or hydrogen-powered aircraft programmes, due to the expectation that the development of existing or all-new commercial aircraft will be centred on conventional propulsion powered by increasing proportions of sustainable aviation fuel (SAF).
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Cirium Ascend’s new Ground Events analytics tool is set to revolutionize the aviation aftermarket by providing the first truly global view of historical and projected aircraft maintenance events using satellite-based flight tracking.
Ground Events, the latest addition to the Cirium Ascend portfolio, provides MROs, OEMs, aircraft parts suppliers and airlines with the ability to generate comprehensive analytics which includes market share trends, turnaround times to derive strategic insights on markets for airframe maintenance, cabin retrofits and aircraft paint work.
The solution’s easy access to data makes Ground Events a powerful tool, helping users better understand aircraft maintenance events. Businesses such as MRO providers can analyse market share, forecast future ground events, and improve cost efficiency.
“We collaborated with the market, including a major European OEM, to launch a first-of-its-kind solution which pinpoints when the last maintenance check actually occurred and predicts future events based on this. It’s our mission to support the industry to inform their analysis of aircraft maintenance and better plan for future checks and events, saving significant time and costs,” said Mehmet Erdogan, VP of Ascend.
Cirium’s Ground Events tracks aircraft locations and dates on the ground, along with maintenance contract details, to analyze why a commercial aircraft has been grounded for seven or more consecutive days. It also offers insights into historical maintenance patterns and usage trends, allowing for future maintenance projections at the tail number level.
In accessing Ground Events users can select from a range of maintenance events such as C-checks, Heavy checks, strip/painting, retrofits and/or a combination of any of the above for a customizable search over a chosen date range.
The results can then be filtered by a variety of different fields such as operator, MRO provider, location, aircraft and engine data. The results are then displayed in an easily digestible format of tables and charts that can be compared to historical data and exported as required.
The tool enables businesses to analyze the data to precisely place aftermarket services and parts where they are needed, understand maintenance patterns of different aircraft types, identify retrofit opportunities and overall, optimize how aircraft are being utilized.
Ground Events shows, for example, that FedEx Express, a global delivery service company, permanently retired 22 Boeing 757s between March and May 2024 for fleet modernization. This anticipated the supply chain issues involving heavy maintenance for the 757 which peaked from Q2 2021 to Q1 of the following year, with a decline in fleet size and flight hours by the end of 2022.
Similarly, the tool shows over 450 Airbus A330-200/300s are expected to undergo C or Heavy maintenance checks during the next eight quarters. For this, Cirium tracked nearly 650 A330ceos undergoing checks with 47 MRO providers in the past two years.
Ground Events uses detailed data on aircraft maintenance from around 57,000 ground events dating back to 2018 to help predict trends and upcoming peaks and troughs in demand.
It integrates proprietary fleet maintenance intelligence and satellite-based flight tracking to ensure precise locations and dates of aircraft on the ground. The data is supported by a team of fleet data experts and flight data analysis to ensure accurate and up to date information is shared, with an average of 2,700 updates per week.
Cirium and RouteZero have unveiled a pioneering partnership to integrate Cirium’s EmeraldSky, specifically designed for corporate travel. This innovative offering represents a major leap forward in enabling companies to monitor, improve and report their air travel emissions reductions with unmatched accuracy and transparency.
RouteZero
Historically, corporations estimated the environmental impact of their air travel programs using broad assumptions based on scheduled air services. These rough estimates hindered accurate emissions tracking, and the reduction of their carbon footprints, leading to costly offsetting. The new partnership between Cirium and RouteZero transforms this process by offering post-flight emissions monitoring and reporting via EmeraldSky. This service provides precise, actionable insights based on actual flown operations, including the specific aircraft used, load factors, and the fuel consumption and CO2 emissions.
Through this collaboration, corporations will benefit from highly accurate insights into their air travel emissions, powered by the EmeraldSky emissions system, which is applied after each flight. EmeraldSky is not just another methodology; it is a groundbreaking system that leverages exclusive data from the actual tail number of the aircraft used, incorporating critical details such as aircraft age, engine type, winglets, tarmac time, load factor and flight duration. Combined with our precise methodology tailored for the aviation and aerospace sectors, EmeraldSky has demonstrated an impressive accuracy margin of up to 99% of flown emissions compared to actual airline-recorded fuel and emissions measurements.
“Leading companies are making radical, proactive changes to the way they travel to enable them to meet their Net Zero goals. Deploying RouteZero, customers travel more miles to meet more customers whilst cutting emissions. Using the most robust and accurate data available, empowers travelers to get to their destination in the most sustainable way, whilst getting their companies closer to Net Zero. Decarbonization is possible if we work together,” said Dan Brown, CEO of RouteZero.
“The level of precision and accuracy of Cirium’s EmeraldSky CO2 emissions calculations for flights far exceeds estimates available today and leveraging this flight emission system via RouteZero enables corporations to fulfill their sustainability objectives faster and more cost effectively,” said Jeremy Bowen, CEO of Cirium.
This innovative service not only enhances the accuracy of emissions reporting but also helps corporations better align their travel practices with their sustainability initiatives. By leveraging Cirium’s comprehensive flight emissions data and RouteZero’s expertise in sustainability, RouteZero’s service powered by EmeraldSky sets a new standard for environmental stewardship in corporate travel management.
Get more information about the RouteZero and Cirium’s EmeraldSky and hear how it can benefit your corporate travel program.
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
About RouteZero RouteZero is dedicated to helping corporations achieve their sustainability goals through innovative solutions and technologies. By providing accurate and reliable emissions data, RouteZero empowers businesses to take meaningful action towards reducing their environmental impact. For further information please visit RouteZero.com.
London, 3 September, 2024: Cirium is now Condor’s new partner for aviation analytics, with the new agreement making Cirium the airline’s single source of external aviation data, providing end-to-end data services.
The partnership between Cirium, the aviation analytics firm, and Condor, will empower the German carrier to further improve its operations, driving quality insights aimed at improving the businesses efficiency and overall customer satisfaction.
As part of this new agreement, Cirium will provide the airline with three key data sets: historical flight data, schedules data, and real-time flight data.
Having utilised Cirium’s historical flight data for two years, Condor’s decision to now integrate Cirium’s additional suite of products presents a unique opportunity to further streamline operations, driving direct improvements for both the business and its customers.
This investment in data will enable the business to swiftly identify operational trends, allowing for quick solutions that reduce costs and enhance efficiency. It will empower teams to optimise fleet management, network planning, connections, and crew scheduling, driving significant improvements across all aspects of operations.
Cirium’s highly regarded flight schedules product is also part of the deal, offering deeper insights into service opportunities and market demand. With the up-to-date data, Condor will be able to optimise network and crew planning, boosting efficiency and profitability across the business.
The addition of Cirium’s real-time flight data will also provide live updates on aircraft around the world, meaning flights can be tracked and monitored with greater detail.
This will support Condor’s investment in its customer experience proposition, with Cirium’s live flight data feeding directly into customer-facing digital platforms, giving travellers precise departure and arrival times so they can plan their onward journeys. The addition of real-time flight data will also transform disruption management, offering even faster rebooking options to those with missed connections.
“We are very excited to announce this expanded collaboration with Condor, a leading global leisure airline. Condor has been a client of Cirium, benefiting from our historical flight data, and this strengthened partnership is a testament to both the quality of our data and the dedication of the Cirium team. Through this extended relationship, we will provide Condor with the most precise and reliable industry data, helping them enhance operational performance and, most importantly, deliver timely insights to their passengers worldwide,” said Jeremy Bowen, CEO of Cirium.
As Germany’s most popular leisure airline, Condor has been flying customers to the world’s most beautiful destinations since 1956. With a fleet of over 50 aircraft, the airline serves around 90 destinations from Germany and Switzerland. This partnership with Cirium marks the latest step in Condor’s ongoing commitment to operational excellence and customer satisfaction.
Cirium is the world’s most trusted source of aviation analytics, delivering powerful data and cutting-edge analytics to empower a wide spectrum of industry players.
Equipping airlines, airports, travel enterprises, aircraft manufacturers, and financial entities, the company provides the clarity and intelligence needed to optimise operations, make informed decisions and accelerate revenue growth.
To learn more about Cirium’s products, and how they can benefit your business, visit www.cirium.com
About Condor As Germany’s most popular leisure airline, Condor has been taking its guests to the world’s most beautiful holiday destinations since 1956. Condor operates a fleet of over 50 aircraft, which are maintained by the company’s own maintenance operation, Condor Technik GmbH, according to the highest safety standards at the Frankfurt and Dusseldorf locations. In spring 2022, Germany’s most popular leisure airline unveiled its new brand identity. This illustrates the development from a leisure airline to a unique and unmistakable vacation brand. The new design was unveiled with the first A330neo, which has been operated by Condor since December 2022. As the German launch customer, Condor will then be flying 21 A330neo long-haul aircraft. Thanks to state-of-the-art technology and maximum efficiency, the latest-generation 2-liter aircraft is the European front-runner with 2.1 liters per passenger per 100 kilometers and maximum customer comfort. Condor will also receive 43 brand-new short- and medium-haul aircraft of the A32Xneo family from 2024.
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
It’s not easy operating an airline in Canada — a large country with three major hub airports in Toronto, Montreal, and Vancouver, and a variety of weather challenges no matter the time of year. Nevertheless, the Canadian carriers demonstrated solid on-time performance in spring 2024, which bodes well for summer travel. Indeed, among North American airlines, WestJet was third, and Air Canada sixth, for on-time performance in May 2024.
In June 2024 (at the time of writing), the major Canadian carriers had comparatively high completion rates. Completion factor measures the number of flights flown compared to those scheduled. At the time of writing, Porter Airlines had a 99.52% completion factor, Flair Airlines at 99.27%, WestJet at 98.58%, and Air Canada posted 97% — with the latter on a significantly higher number of flights than its Canadian brethren.
Toronto-Pearson Airport: Marked Improvement
Toronto-Pearson Airport has faced challenges related to on-time performance in recovery from the pandemic. However, the airport has demonstrated consistent and improved departure performance in 2024 to date — even in the winter months of 2024. Toronto-Pearson’s D14% — the percentage of flights scheduled that departed within 14:59 of the scheduled departure time — consistently averaged around 70% in the first half of 2024 and into late June 2024. (Last June, Pearson’s D14% was around 59%). In May 2024, Toronto-Pearson had 70.96% of its flights depart on time, on around 14,500 flights. By way of comparison, the best performing U.S. airport in May 2024 was Salt Lake City, with 82.69% of flights departing on-time on around 10,000 flights. The best performing Canadian airport, Calgary International Airport, had a D14% of 77.07% on around 6,000 flights.
The Canadian Domestic Market: Seats Flown Up 6% in 2024
The Canadian airline industry has witnessed many changes in 2024 to date. Indeed, ultra-low cost carrier Lynx departed the market in bankruptcy, and long-time premium carrier Porter Airlines has taken delivery of Embraer E2-195 jets. At the time of writing, Porter has 33 jets in service, and is primed to increase its Canadian domestic flying by 63% (measured on seats flown) this July compared to last. WestJet will increase their July seats flown by 8% compared to last July. In contrast, ultra-low cost carrier Flair will fly 7.5% fewer seats this July 2024, compared to last July.
Transatlantic Flying from Canada to Europe: Up Almost 7% in 2024
Air Canada, Transat, and WestJet are the perennial airlines flying Canadian customers to European destinations, and vice-versa. Air Canada will fly twice as many seats as Air Transat, increasing its seat count by 3.3% this July compared to last. (These carriers will benefit from the general transatlantic demand, and phenomena such as North American customers seeking to enjoy Taylor Swift concerts or the Paris Olympics). Transat is up 6.2% on seats in July 2024 compared to July 2023, with WestJet increasing its seats flown by almost 20,000 seats in the month of July 2024 alone compared to July 2023.
The most accurate way to capture data for aircraft carbon emissions and fuel burn globally
This data enables seat-by-seat emissions to be precisely tracked by management companies, corporate travel departments, aircraft finance firmsand airlines
London, 29 May 2024:Cirium, the leader in aviation analytics, has introduced the industry’s most precise independent standard for measuring aircraft emissions and fuel burn.
This groundbreaking and revolutionary methodology analyses each flight’s specific aircraft type and design specifications, combined with real-time operational data and flight conditions, ensuring unparalleled accuracy and reliability in emission tracking.
Cirium’s EmeraldSky seamlessly integrates Cirium’s comprehensive data, advanced analytics, and innovative techniques to achieve unmatched precision in measuring both current and forecasted CO2 flight emissions.
Unlike traditional carbon calculators that depend on broad estimates and loose assumptions – such as using pre-planned routes instead of actual flown paths, and ignoring variables like wind speed and direction – EmeraldSky provides emissions results based on the seat in a specific class of service and sets a new standard in aircraft emissions measurement.
Jeremy Bowen, CEO of Cirium, said: “Cirium’s mission is to establish the industry standard for accurate fuel burn and carbon emissions data to empower the aviation sector to deliver on its sustainability targets. Cirium’s world-beating methodology even considers each aircraft’s typical operating weight, passengers and baggage, cargo payload, and degradation in engine efficiency over time to provide the most accurate data available to help achieve aviation’s ambitious sustainability goals.”
Endorsed by airlines and industry stakeholders, EmeraldSky offers users access to both historical data for up to five years and predictive carbon footprint for the upcoming 12 months.
This robust data enables precise, independent assessment of each aircraft’s emissions, supporting more informed decision-making across the aviation sector. This ensures more precise flight emission reporting, which is critically important in meeting current and future climate regulations.
With superior data, EmeraldSky enables users to:
Undertake a thorough assessment of sustainable aircraft and fleet options
Identify opportunities for aircraft upgrades
Promote eco-friendly travel by providing sustainable flight options
Comply with emissions regulations and ESG reporting requirements
Evaluate investments in aviation carbon offset and elimination programs
Forecast the demand for sustainable aviation fuels (SAF)
Identify opportunities for aircraft upgrades.
In a world with an immense focus on the environmental impact of aviation, EmeraldSky’s rigorous approach is essential for accurate reporting and responsible aviation practices.
EmeraldSky supports Cirium’s ongoing mission to make a meaningful positive impact on the future of aviation and the environment, alongside the industry’s Net Zero targets.
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
London, UK – 22 April 2024 – Cirium, the global leader in aviation data analytics, has formed a strategic partnership with Trees4Travel, a pioneer in merging technology with business objectives to further environmental sustainability. This collaboration boosts the travel industry’s ability to make environmentally friendly decisions by offering accurate insights into air travel emissions, both during the booking process and for ESG reporting.
The partnership is centered around the introduction of Cirium’s Emerald Sky, a groundbreaking and fully auditable aircraft emissions platform.
Unlike traditional carbon calculators relying on assumptions and estimates, Emerald Sky utilizes cutting-edge techniques and Cirium’s access to exclusive data to precisely calculate the fuel consumption and CO2 output of aircraft. It meticulously considers crucial factors including specific aircraft and engine configuration, age, flight duration (both physical taxi and airtime), and passenger and cargo load, providing a comprehensive calculation based on fuel burn as opposed to distance estimates. This precision in measuring aircraft CO2 emissions offers stakeholders valuable insights for developing far more effective CO2 reduction strategies.
Through this partnership, corporations will have the ability to modify travel practices by choosing flights with lower carbon emissions, which in turn helps reduce the environmental impact of business travel. It supports streamlined reporting on environmental efforts and accurately tracks progress towards achieving significant carbon reductions . As a result, Trees4Travel corporate customers can make smarter travel decisions, enhance their environmental disclosures and Environmental, Social, and Governance (ESG) reporting, and effectively benchmark their progress.
Trees4Travel is dedicated to promoting sustainable practices within the travel and events industries, encouraging a shift towards more regenerative operations. Cirium is committed to leading the aviation industry towards a net-zero emissions future by 2050 through dependable, independent emissions analysis
“This partnership is a critical milestone in Cirium’s mission to provide the most comprehensive and accurate flight emissions tracking in the industry.”
Jeremy Bowen, CEO of Cirium
“Cirium has significantly invested in the development of Emerald Sky, an advanced platform that leverages schedule information from over 900 airlines, updated 280,000 times daily, and fully auditable.”
“You cannot reduce what you do not measure – this collaboration takes carbon management to another level.”
Nico Nicholas, CEO of Trees4Travel
“We are absolutely delighted to offer Cirium’s leading technology – with the number of global air passengers expected to increase significantly over the next 30 years, together with corporate sustainability reporting regulations coming in thick and fast, Cirium’s scrupulous flight analytics being offered within our existing carbon calculators allows us to offer a whole suite of ultra sophisticated tools to measure emissions, from scope 1 to scope 4 (soon!). An important ‘string to our bow’ for both us and our TMC partners, backing that up with our nature and tech hybrid decarbonization programs means we have a world changing environmental offer,” says CEO Nico Nicholas of Trees4Travel.
About Trees4Travel Trees4Travel is an environmental ‘tech and business for good’ company, enabling the travel and events industries to transform and cultivate a regenerative approach to their activities by measuring, managing, and mitigating emissions, through simple, affordable, impactful climate contributions. A hybrid process of restoring forests, biodiversity, supporting communities, whilst simultaneously investing into clean energy projects and innovations, focusing on 15 of the 17 United Nations Sustainable Development Goals. Trees4Travel creates global partnerships to harmonise travel and events with the environment, to educate and build a more ethical, sustainable world for now and future generations to come. www.trees4travel.com
About Cirium Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Cirium, the most trusted source of aviation analytics, is proud to be named a qualified data provider by Rocky Mountain Institute (RMI) with the release of the Pegasus Guidelines. This significant milestone underscores Cirium’s commitment to the reduction of aviation flight emissions and its pivotal role in fostering a greener future for commercial aviation.
The Pegasus Guidelines mark a pioneering step as the first climate-aligned finance framework tailored for the aviation industry.
Crafted to guide banks and financial institutions, these guidelines aim to harmonize investment choices with decarbonization goals. They equip financiers with the tools to independently assess and report the emission intensity and climate conformity of their aviation finance portfolios, benchmarking against a 1.5°C scenario to achieve Net Zero emissions by 2050.
Emerald Sky utilizes cutting-edge fuel burn methodology and exclusive data to precisely calculate the fuel consumption and CO2 output of aircraft.
At the heart of Cirium’s achievement is Emerald Sky which revolutionizes independent aircraft emission measurement by combining data, analytics, and innovative methods to ensure unparalleled precision. Unlike traditional carbon solutions relying on great circle flight distance and generalized aircraft assumptions, Emerald Sky utilizes cutting-edge fuel burn methodology and exclusive data to precisely calculate the fuel consumption and CO2 output of aircraft. It meticulously considers crucial factors including aircraft model, aircraft attributes (i.e., winglets), engine types, age, flight duration (both physical taxi and airtime), and passenger and cargo load, providing a comprehensive assessment based on fuel burn versus less accurate distance estimates. This precision in measuring aircraft CO2 emissions offers stakeholders valuable insights for developing more effective CO2 flight emission reporting by aircraft, portfolio, operator and enables carbon reduction strategies and incentives.
Cirium’s innovation simplifies tracking flight emissions for banks, financiers, and other stakeholders, aiding in accurate emission assessment and reduction in line with the Pegasus Guidelines and global environmental goals.
Key Highlights
Accreditation by RMI: Cirium’s recognition as a Qualified Data Provider reflects its adherence to the highest standards of data accuracy and reliability in emissions tracking.
Emerald Sky: This cutting-edge tool provides comprehensive insights into aviation emissions, enabling effective reporting and implementation of carbon reduction strategies with trusted and validated data analytics.
Commitment to Sustainability: By utilizing Cirium’s EmeraldSky, banks, financiers, and Non-Banking Financial Institutions (NBFI) can significantly advance their commitment to the Pegasus Guidelines and make tangible progress towards achieving net-zero emissions.
Jeremy Bowen, Cirium CEO, expressed enthusiasm about the accreditation, stating, “This acknowledgment from RMI not only validates our efforts but also strengthens our resolve to drive the aviation industry towards a sustainable future. With Emerald Sky, we’re equipping our customers with the data and analytics they need to make informed decisions about their environmental impact.”
Cirium’s accreditation by RMI as a Qualified Data Provider under the Pegasus Guidelines is more than an achievement; it underscores the need for all aviation stakeholders to prioritize sustainability. Through the use of Emerald Sky, stakeholders have a the most accurate and precise data analytics at their disposal to reduce carbon emissions and contribute to a healthier planet.
