Bank 17 final 3 airport

Industries / Aviation and airport services

Aviation and airport services. Cost: prepaid flights flown at capped rates and a loss.

Grip reads flight logs, concession fees and member accounts, aircraft by aircraft, and names the promises flown at a loss, in AED.

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USD 738.9 millionA US private jet company's flights paid for but not yet flown at end 2025.
Proven at Wheels Up Experience

Source: Wheels Up Experience Inc., Annual report on Form 10-K for fiscal year 2025. Wheels Up held USD 738.9 million of deferred revenue at end-2025, almost all prepaid flights (USD 726.5 million), against USD 133.9 million of cash; USD 481.9 million is expected to be flown in 2026.

3 workflows

Where we start.

9 of 58 changes other aviation and airport services companies made. Open one to see the company.

01

Price and margin

Capped rates and concession fees priced against peak day costs.

ReadsMembership and jet card termsFlight log with dates and rate typeConcession and licence agreementsFee schedules and escalators
Price each fixed hourly rate you promised against the real cost on peak days, and requote the loss-makers at renewal.
Proven at Wheels Up Experience

Source: Wheels Up Experience Inc., Annual report on Form 10-K for fiscal year 2025.

Model your margin at the top step of every concession fee, and reopen it when traffic falls short.
Proven at Saudi Airlines Catering

Source: Saudi Airlines Catering Company (CATRION), CATRION Annual Report 2025.

Plan your cost per passenger to fall faster than the yearly cut in your capped airport charge.
Proven at Grupo Aeroportuario del Centro Norte

Source: Grupo Aeroportuario del Centro Norte (OMA), Annual report on Form 20-F for fiscal year 2025.

02

Cash and working capital

Buy-back rights, collected charges and asset lives matched to each concession.

ReadsFractional ownership contractsAircraft valuation reportsPassenger charge or pass-through fee invoices by customerReceivables ageing, customer guarantees and deposits register
Add up every aircraft share customers can make you buy back early, and hold cash against it.
Proven at flyExclusive

Source: flyExclusive, Inc., Annual report on Form 10-K for fiscal year 2025.

Find the charges airlines collect from passengers for you, how long they keep it, and what security you hold.
Proven at Grupo Aeroportuario del Pacifico

Source: Grupo Aeroportuario del Pacifico (PAC), Annual report on Form 20-F for fiscal year 2025.

Match the life of every vehicle and system you buy for a site to the years left on its concession.
Backed by research

Source: Journal of Transport Economics and Policy (Fuhr), Liberalisation of the European Ramp-handling Market: A Transaction Cost Assessment (2009).

03

Sales and demand

Idle members called before renewal, lounges sold to passengers already passing through.

ReadsMember register with fees and renewal datesFlight bookings by memberAsset register with ownership cost per unitContracts with fee
List every member who paid this year but has not flown, and call them before their renewal date.
Proven at flyExclusive

Source: flyExclusive, Inc., Annual report on Form 10-K for fiscal year 2025.

Charge equipment hire as a fixed fee plus a rate for use, so idle months still pay.
Proven at Bristow Group

Source: Bristow Group Inc., Form 10-K for fiscal year 2025 (filed 26 February 2026).

Sell lounges, fast-track and meet-and-greet to passengers already passing through your terminals, and count the sales per passenger.
Proven at Aena

Source: Aena S.M.E., S.A., Results Presentation 2025.

The money at stake.

Public figures, each with its company and year. An estimate is marked.

USD 380 million

A US airline's revenue lost to one software outage over five days in 2024.

Proven at Delta Air Lines

Source: Delta Air Lines, Inc., Annual report on Form 10-K for fiscal year 2024. Delta estimates the CrowdStrike-caused outage had a direct revenue impact of about 380 million dollars from about 7,000 flight cancellations over five days, plus about 170 million dollars of additional operating expense.

USD 71.1 million

A US aircraft repair group's loss on selling one of its businesses in fiscal 2025.

Proven at AAR

Source: AAR CORP., Annual report on Form 10-K for fiscal year ended 31 May 2026. AAR sold its Landing Gear Overhaul business to GA Telesis in fiscal 2025 for net proceeds of USD 48 million and booked a USD 71.1 million loss including USD 14.6 million of goodwill, and separately impaired goodwill from an earlier acquisition.

Grip at work

What your Grip looks like.

A sample company, in AED. Yours is built from your own files.

Three numbers for the whole company, with the chart under each. Sample figures.

What we stand on
01Money first

Every project shows the revenue, cost or cash it is worth, in your currency, from your own files, before you agree to it.

02Every project has proof

Every project runs on a client's Grip, was designed on our own Grip, or comes from a play a named company published, with the document we read it in.

03Your systems as they are

We read the systems you already use. Nothing to move, replace or clean up first.

04Value and money found in 2 weeks

A two-week pilot on one department, your first project live and its money delivered by Day 30, then one fixed monthly fee.

Questions

What aviation and airport services companies ask first.

Three answers, each with one public figure, its company and its document.

Question 1How can AI reduce revenue lost to capped rates in aviation and airport services?

AI reads flight logs, concession fees and member accounts, aircraft by aircraft, and names the promises flown at a loss, in AED. For scale: USD 738.9 million, A US private jet company's flights paid for but not yet flown at end 2025 (Wheels Up Experience).

USD 738.9 millionA US private jet company's flights paid for but not yet flown at end 2025.
Proven at Wheels Up Experience

Source: Wheels Up Experience Inc., Annual report on Form 10-K for fiscal year 2025. Wheels Up held USD 738.9 million of deferred revenue at end-2025, almost all prepaid flights (USD 726.5 million), against USD 133.9 million of cash; USD 481.9 million is expected to be flown in 2026.

Question 2What does an AI transformation programme in aviation and airport services start with?

It starts with the revenue, cost and cash you are losing today, read from the systems you already use. One workflow goes first, usually price and margin, read from membership and jet card terms and flight log with dates and rate type. For scale: USD 380 million, A US airline's revenue lost to one software outage over five days in 2024 (Delta Air Lines).

USD 380 millionA US airline's revenue lost to one software outage over five days in 2024.
Proven at Delta Air Lines

Source: Delta Air Lines, Inc., Annual report on Form 10-K for fiscal year 2024. Delta estimates the CrowdStrike-caused outage had a direct revenue impact of about 380 million dollars from about 7,000 flight cancellations over five days, plus about 170 million dollars of additional operating expense.

Question 3How fast do aviation and airport services companies see results from AI?

A two-week pilot on one department finds the value and money in your own data before you commit. Your first project goes live, and its money is delivered, by Day 30.

The Perspace symbol resting on the water at blue hour

Start with one workflow.

Tell us what you want to fix. In a two-week pilot we find the value and money before you commit.

Discuss your business →See how we work →