Incheon International Airport Corporation (IIAC) from Incheon, South Korea has entered 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 commercialisation.
According to a press statement by Cirium, the signing ceremony was attended by 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 says that 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 programme to develop two key solutions: Simulator and MasterPlanner
- Simulator: This solution will optimise 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 analyse 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. By combining Cirium’s high-quality aviation data with Incheon Airport’s technical expertise, we aim to realise our goal of operating 10 overseas airports,” said Lee Hak-jae, President of IIAC.
“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,” said Youngsuk Chi, Director of Corporate Affairs and Asia Strategy for RELX.
