Business Intelligence
Refers to the process of collecting, analyzing, and interpreting data relevant to the aviation industry in order to make informed business decisions. This may involve gathering data on aspects such as passenger demographics, flight routes, fuel consumption, maintenance schedules, and market trends to identify patterns, opportunities, and potential risks within the aviation sector.
Business Analytics
Involves the systematic analysis of data related to various aspects of the aviation industry, such as flight operations, passenger behavior, maintenance records, and financial performance. By applying statistical analysis, predictive modeling, and data mining techniques, business analytics in aviation aims to extract insights, identify trends, and make data-driven decisions to optimize operational efficiency, enhance safety measures, improve customer experience, and maximize profitability within the aviation sector.
