STAMFORD, Conn., July 19, 2012 /PRNewswire/ -- PASSUR Aerospace, Inc. (OTC: PSSR.PK) announced today that Alaska Airlines has contracted for PASSUR Integrated Traffic Management (PITM) Surface Management solution for five cities, for both Alaska Airlines and its subsidiary, Horizon Air.
The PITM Surface Management solution monitors, predicts, and analyzes the movement of aircraft in the movement and non-movement areas, and is part of a broader suite of solutions that includes modules for diversion management, airspace optimization, tarmac delay management, as well as collaborative airport information and field condition reporting.
"Alaska Airlines is known for its exceptional service and reliability, and we're delighted to be able to support that reputation through our solutions," said Jim Barry, PASSUR's President and CEO. "Our common operating platform, linking key cities, and both the mainline and regional operations, will provide Alaska Airlines with an enhanced level of control over its financial, customer service, and environmental costs."
PASSUR Surface Management includes surface flight tracking on a single, integrated display that enables seamless tracking of the surface, terminal airspace, and en route environments on one screen, for gate-to-gate tracking and management of flights.
PITM is a web-hosted integrated business intelligence platform that targets key constraints through the entire lifecycle of the flight, to optimize fuel costs and emissions, schedule integrity, and the passenger experience. PITM is built on several unique, patented, and patent-pending PASSUR capabilities, including a proprietary network of radar surveillance systems installed throughout North America and internationally, integrated aviation databases with extensive historical archives, predictive analytical algorithms, and user-friendly decision support software. PASSUR's solutions enable airlines to predict arrival times more accurately, anticipate pending airport delays, manage congested airways, surface operations and irregular events more effectively, and coordinate with other aviation organizations to help to ensure smooth and predictable operations.
About PASSUR Aerospace
PASSUR Aerospace, Inc. is a business intelligence 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 six of the top eight North American airlines, and all five of the top hub carriers), approximately 60 airport customers (including 23 of the top 30 North American airports), and approximately 200 corporate aviation customers, as well as the U.S. government, including the Federal Aviation Administration (FAA) and the Transportation Security Administration (TSA). 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 155 passive radars, company owned. Supplementary, detailed coverage is also provided at 98 of the top 100 North American airports. Other PASSURs are located in Europe and Asia. 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 website at http://www.passur.com for updated news, products, and solutions.
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, 2011 Form 10-K and April 30, 2012 Form 10-Q.
SOURCE PASSUR Aerospace, Inc.