Airline Industry Brief Examines the "Three-P" Approach to Sector Growth in 2017: Passengers, Payments and Profitability
Brief underscores the need for airlines to deploy robust mobile payment solutions in order to support airline profitability and passenger usage of mobile devices
MIAMI (January 23, 2017) – With over 60% of global travelers identifying the smartphone as their "most indispensable" travel item, a new airline industry brief from CellPoint Mobile explains why carriers should embrace the "Three Ps" – Passengers, Payments and Profitability – as key components of their strategy for revenue growth in 2017.
The airline industry is currently at a crossroads defined by high expectations for financial success, rising competition, and a mobile marketplace that is undergoing profound, rapid and global change.
Already accustomed to using smartphones to pay for everything from shared rides to in-app retail purchases, today's passengers also are demanding access to the most popular digital wallet solutions and alternative payment methods (APMs) to meet their travel needs. Airlines that enable fast and convenient ways to pay through Android Pay, Apple Pay, PayPal, MasterPass, Visa Checkout and Alipay and other solutions are well positioned to capture lucrative revenues from the mobile marketplace.
By acknowledging the impact and potential of the Three Ps, airlines will be better positioned to create more paths to purchase for passengers and to reach their revenue goals for continued growth and increased profitability beyond 2017.
Rethinking strategies to improve profitability
The industry brief from CellPoint Mobile highlights key trends and growth from across the airline and travel sectors, including:
Airlines that make mobile transactions easy and seamless for their passengers can capture new revenues that arise from a variety of opportunities, including the direct sale of tickets and services, ancillary products, day-of-travel purchases and upgrades, impulse purchases, loyalty program transactions, social media channels, chat bots and other emerging technologies.
The Three-P Approach to Airline Success in 2017: Passengers, Payments and Profitability can be downloaded here. For media interviews, please contact Sara Leiter at firstname.lastname@example.org or call +1-305-749-5342 ext. 236. For more information about the airline industry brief, please contact email@example.com.
About CellPoint Mobile
CellPoint Mobile, We Make Travel Easier™
Travel is at the heart of discovery, learning, commerce and change. It’s also at the heart of our business, and that’s why CellPoint Mobile makes travel easier by providing airlines and travel companies with comprehensive, mobile-first commerce and payment solutions that enhance their customers’ experience, increase revenues and improve margins. With offices in Miami, London, Copenhagen, Dubai, Pune and Singapore, CellPoint Mobile simplifies the integration of complex commerce and payment solutions for global and regional airlines and travel companies – quickly and without friction. To learn more about the company’s products and services for travel payments, loyalty program transactions, passenger IDs and security please visit www.cellpointmobile.com.