PASSUR Aerospace Launches The IATA Tactical Operations Portal (ITOP)
AT THE IATA ANNUAL OPS CONFERENCE IN VIENNA, APRIL 15, 2013
STAMFORD, Conn., April 11, 2013 /PRNewswire/ — PASSUR(®) Aerospace, Inc. (OTC: PSSR), a business intelligence software and solutions company, announced today that, in partnership with the International Air Transport Association (IATA), it has launched the association’s web platform for collaborative, tactical air traffic management, supporting the IATA Liaison Desk at the FAA Command Center. Called ITOP (IATA Tactical Operations Portal), the new platform provides airlines worldwide the ability to minimize same-day air traffic constraints in the highly complex and disruption prone US National Airspace System. Users may access critical information about North American airspace and airport operations, and receive expert traffic management support and updates, all on a single, live, collaborative, and cloud delivered portal.
“IATA’s mission is to represent, lead and serve the airline industry, and ITOP will provide our members with very important information that will help them to better manage air traffic delays and disruption, to the benefit of air travelers,” said Guenther Matschnigg, IATA Senior Vice President, Safety, Operations & Infrastructure.
“This is an important moment – the launch of a global platform that helps to solve expensive air traffic problems by providing critical information that was once unattainable in real-time,” said Jim Barry, President and CEO of PASSUR Aerospace. “IATA’s vision of ITOP is a continuation of PASSUR’s strategy to target, measure, and reduce unacceptable excess air traffic costs, such as those related to diversions, cancellations, tarmac delays, airspace and surface inefficiencies, and arrival and departure management.”
More than 100 airports, eight major airlines, and more than 500 members use similar PASSUR technology to help with collaborative management of diversions, field conditions, and tarmac delays. ITOP is the first in a series of similar portals to be designed for all the major air traffic regions around the world.
ITOP is linked to PASSUR’s Airport Information Network(TM) (AIN), and will provide airlines real-time access to the North American airline and airport community with online communication, messaging and alerting – information and content designed specifically for worldwide carriers operating in North America.
PASSUR also provides IATA its Integrated Traffic Management(TM) (PITM) solution, an industry-changing web hosted business intelligence platform, which targets key constraints through the entire flight lifecycle, minimizing fuel costs and emissions, improving schedule integrity, and enhancing the passenger experience. PITM modules assist with diversion management, airspace optimization, surface management, arrival and departure management, as well as tarmac delay management.
About PASSUR Aerospace
PASSUR Aerospace, Inc. is a business intelligence and Big Data company that provides predictive analytics built on proprietary algorithms and the concurrent integration and simultaneous mining of multiple databases. We believe PASSUR is the industry standard in business intelligence dashboards and predictive analytics for aviation organizations. PASSUR serves dozens of airlines (including all the top eight North American airlines), approximately 60 airport customers (including 22 of the top 30 North American airports), and approximately 200 corporate aviation customers, as well as the U.S. government. PASSUR’s system provides coast-to-coast coverage and is driven by proprietary, patented, business intelligence software, which is powered by a unique North American network of over 150 passive radar sensors, company owned. Other sensors are located in Europe and Asia. Supplementary, detailed coverage is also provided at 98 of the top 100 North American airports. Flight tracks are updated between 1 and 4.6 seconds, thereby making available a system which is user-friendly and useful for decision-making. Visit PASSUR Aerospace’s web site at www.passur.com for updated products, solutions, and news.
The forward-looking statements in this press release relating to management’s expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company’s owned PASSURs located at major airports, the Company’s maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company’s results is contained in the Company’s SEC filings, including the October 31, 2012 Form 10-K and January 31, 2013 Form 10-Q.
Contact: Ron Dunsky
SOURCE PASSUR Aerospace, Inc.