RIYADH:聽黑料社区鈥檚 aviation industry鈥檚 supply chain management聽is set聽to receive a boost thanks to the use of artificial intelligence in logistics, a top official said.
Speaking on聽the聽first day of the Future Aviation Forum in Riyadh聽on Monday, Suliman聽Almazroua, CEO of the National Industrial Development and Logistics Program,聽said that AI implementation will also enhance productivity and customer experience.
鈥淎I in logistics, for example, is shaping and optimizing the supply chain management, improving productivity, productivity maintenance, and enhancing customer experience,鈥 he said.
The official said the rapid technological advancements are reshaping the future of industries.
The CEO highlighted the Saudi aviation sector鈥檚 achievements in terms of increased聽number of聽passengers, cargo handling, fleet expansion, rise in infrastructure investment, and global connectivity.
Addressing the forum, Luis Felipe de Oliveira, director general and CEO of Airports Council International聽shed聽light on how the aviation industry suffered from different crises.
鈥淚 remember from 9/11 to (the 2008) financial crisis to SARS to COVID-19, we always faced an issue, but we are a very resilient industry聽and聽we聽always come back,鈥 Oliveira noted.
He said: 鈥淭hat鈥檚 why when you talk about macroeconomic stuff, we see that geopolitical risks聽are something that聽can affect us. That we have the inflation going up, of course, affects our business as well. We have the interest rates that affect our GDP.鈥
鈥淏ut it is incredible that even considering all these headwinds, the unemployment rate is going down聽and聽people are eager to travel,鈥 Oliveira justified.
He also talked about how jet fuel prices, which are the main cost for the industry, are very high nowadays.
鈥淥f course, this affects our ability to fly and聽also affects聽the cost of the tickets,鈥 Oliveira said.
Stefan Schulte, CEO of Fraport AG in Germany, clarified that the focus on innovation, sustainability, and connecting people and culture resembled the beginning of a new era.
鈥淭he expectations of our customers are constantly increasing.聽They want consistent, digitalized, resilient, and seamless processes, but they also want us to go green,鈥 Schulte said.
Organized by the General Authority of Civil Aviation,聽the three-day event will see discussions on issues related to the global flight sector, air transport, and environmental sustainability in civil aviation, as well as talks on enabling advanced air transport and enhancing global connectivity.聽
The event also aligns with the Kingdom鈥檚 ambition to become a leader in the sector within a decade, including securing $100 billion worth of investments by 2030.
