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EU-funded project SlotMachine to use blockchain technology for more cost-efficient flight slot confi

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With passenger numbers expected to gradually rise again, the aviation industry will be confronted with growing air traffic and limited capacity at airports and in the air. This may lead to an increase in delays again where airlines need to prioritise their important flights. At the same time, airlines are struggling with increased cost pressures while the highest safety standards continue to demand compliance with complex processes. The EU-funded project SlotMachine aims to develop a cost-efficient solution, enabled by blockchain technology, which will extend the existing slot swapping capabilities between different airlines.

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This press release was sourced from Frequentis on 23-Mar-2021.