In: Operations Management
To understand the important factors for rebooking and re-accommodating schemes, it is important to have a conceptual foundation of business intelligence. Below listed are some factors to be considered-
-> Customer acquisition and customer retention-
or any business it is important to understand its customers well. And similar with the airlines industry where to be a successful business, its important to keep the best customers happy.
-> Protecting Top-Tier Elites & Premium Customers-
It is important for the airlines to protect its top-tier elites & premuim customers i.e. passengers. For Example- In case of flight cancellation or delay, the airlines agents are told to rebook its most-loyal passengers on the fastest possible itinerary to the final destination. Elites and premium passengers get the most options when rebooking.
-> However, in case there is an emergency/ urgent reason, in that case the system should be able to accomodate the same and allow to make exceptions to prioritize even the most basic (or economy) passengers.
-> Understanding the airline Industry and customer satisfaction-
Passengers' dissatisfaction due to delayed/ canceled flights puts a very negative impact on customer loyalty and the brand image of the airlines.
-> Business intelligence concept and applicablity for the industry
-> Key influencers and social media
-> Strategic direction of airlines and aligning scheme/decision making to it
-> The scheme/ policy is generally an industry standard for legacy airlines and hence make an advantage over what passengers will get on the low-cost carriers.