Reducing AOG Time: The Hidden Revenue Opportunity for Airlines
In aviation, time truly is money. When an aircraft is grounded unexpectedly, the financial impact begins immediately. Aircraft on Ground (AOG) events can cost airlines as much as $150,000 per hour in lost revenue, operational disruptions and customer service expenses....
FNOL to Settlement: Cutting Claims Cycle Time with Immediate Video Documentation
Property insurance claims still take far longer to resolve than most policyholders expect. On average, the cycle from First Notice of Loss (FNOL) to claim closure exceeds 32 days, while final payment can take more than 44 days. For policyholders recovering from fire,...
Beyond Photos: Why High-Resolution Video Is Critical for Aircraft Anomaly Detection
The Hidden Cost of Missing Critical Aircraft Defects Modern aircraft are engineering marvels. Depending on the aircraft type, a single plane can contain between three million and six million individual parts, from major structural components to the millions of...