SkyWorks Holdings and InterVISTAS Consulting Group form SkyWorks/IPG and launch SAAVNet

Dino D'Amore
By Dino D'Amore January 26, 2016 20:54

SkyWorks Holdings and InterVISTAS Consulting Group form SkyWorks/IPG and launch SAAVNet

SkyWorks Holdings, the aviation asset management, investment banking, and advisory firm, and InterVISTAS Consulting, a management consultancy in aviation, transportation and tourism, have announced the establishment of SkyWorks/IPG, which joins together the capabilities of both firms to offer integrated solutions for airline network and fleet planning. In addition, SkyWorks/IPG announced the launch of SAAVNet to provide the industry’s first analytical platform for integrated decision support in these planning functions.

“SkyWorks is excited to launch this partnership with InterVISTAS,” said Thomas Mahr, CEO of SkyWorks Holdings. “SkyWorks/IPG will offer highly value added solutions for commercial airlines that will increase their effectiveness in fleet asset management.”

“We are pleased to join with SkyWorks to develop next generation solutions for the global aviation industry,” said Deborah Meehan, President of InterVISTAS. “Our collective experience and expertise in advanced passenger choice and market share modelling provides a platform to offer truly differentiated solutions for an evolving and increasingly complex industry. In addition, our approach to data capture and application delivers a more accurate outcome than other popular solutions in the market. Using advanced modeling techniques with reliable data allows InterVISTAS to provide real solutions to its clients.”

Steven Gaal, COO of SkyWorks Holdings, has spearheaded development of the SAAVNet solution. “Current generation aircraft can often satisfy existing network requirements with high reliability and superior economics, once factoring in ownership costs, even at higher fuel prices. Existing fleets are often a sunk cost and aircraft operating lessors have evolved as an alternative source of aircraft supply. These and other factors are resulting in airlines revisiting and modifying current business strategies, which SkyWorks/IPG will assist airlines with identifying and implementing,” said Gaal.

Dino D'Amore
By Dino D'Amore January 26, 2016 20:54