Industry : Infrastructure
Aerofoyl Technologies provides a comprehensive solution to the pressing issues faced by the aviation industry through our two core systems: BagOS - RUEB (Reusable Electronic Baggage Systems) and CustomX - Customs Screening Systems (CSS). These solutions aim to fully address the challenges associated with baggage mismanagement and outdated customs screening processes. Aerofoyl Technologies serves a variety of customer segments including airlines (both for passengers and cargo, B2B/B2G), airports, passengers (B2C), and baggage handling contractors. For airlines, the services provided include tagging and monitoring, where the company sells the tagging service on a pay-per-bag model. In addition, Aerofoyl offers terminal movement analytics, utilizing data to provide insights and optimizations to airlines for better operations. Airports benefit from services like reclaim advertisements, where Aerofoyl provides ad placement opportunities at the baggage reclaim areas, generating revenue through this advertisement system. Additionally, they offer customs screening services, which focus on marking and identifying suspicious baggage at customs, also operating on a pay-per-bag model. For passengers, Aerofoyl offers retail tags, sold at a premium cost either directly to the passengers or through airline privilege programs. Another passenger-centric service is home baggage check-in, a hassle-free home pickup and check-in service offered at a premium. Lastly, Aerofoyl provides infrastructure and data services to baggage handling contractors. These services include data analytics and the provision of network infrastructure, which are monetized through a license-based model. This diverse set of services and revenue models caters to various stakeholders in the airport and airline ecosystems, driving efficiency and creating new revenue streams across the industry.
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Year of Establishment2023