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NEXTT: INDUSTRY-WIDE COST BENEFITS

SHARESHARESHARE

NEXTT (New Experience Travel Technologies) reimagines on-ground and airport experiences; in particular the emerging technologies and digital transformation this involves. ACI and IATA’s jointly published NEXTT visions have attracted industry-wide agreement on the ‘what’.So, the subsequent questions become ‘why’ and ‘how’. In presenting updates on the NEXTT initiative, including the tangible benefits and what we believe it can deliver – we hope that you can help the industry answer the question of ‘when’.As part of the NEXTT initiative, a Preliminary Cost-Benefit Analysis (Preliminary CBA) was commissioned to help understand the scale, timeline and distribution of benefits and costs to the aviation industry and consumers. The stated goal of this Preliminary CBA was to provide initial quantification of the potential impact of NEXTT on future aviation infrastructure demand, and to understand the combined impact of these technologies.