Vector Launches PLANEPASS AAM™
- Vector Airport Systems
- Nov 27, 2023
- 1 min read
Updated: Nov 29, 2023
Every year, billions are spent fueling the next aviation gold rush – Advanced Air Mobility (AAM) – and its promise of revolutionizing aviation. While a majority of the effort is focused on aircraft and vertiport facility development, few have broached the question of how to pay for the maintenance and support of this AAM infrastructure.
PLANEPASS AAM™ by Vector Airport Systems is perfectly positioned to generate new, sustainable revenue streams from eVTOL and other aircraft operations for federal, state and local AAM stakeholders. Leveraging our trusted payor relationships with over 140,000 aircraft operators and our impressive 99.6% collection rate, our PLANEPASS service currently bills and collects tens of millions of dollars in aircraft fee revenue annually on behalf of over 75 airports and vertiports worldwide.
As AAM reshapes the aviation landscape in the coming years, PLANEPASS AAM™ will become the aircraft fee billing and collection standard for hundreds of airports and vertiports in the AAM ecosystem, generating vital revenue streams in support of those facilities and other infrastructure.
Contact the Vector team today to find out exactly how we can generate revenue for you - just as we have for so many airports over our 18-year history. https://lnkd.in/eqMECN5Y
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"Vector Launches PLANEPASS AAM™" is an exciting development in the aviation industry, showcasing innovation and progress in air mobility management. The technology behind PLANEPASS AAM™ highlights how precision, data integration, and intelligent design can revolutionize modern transportation. This launch represents a step toward smarter, safer, and more efficient flight systems. Similarly, in the embroidery world, the best embroidery digitizers use cutting-edge tools and meticulous attention to detail to transform ideas into flawless stitched designs. Both fields share a passion for innovation, accuracy, and excellence—whether navigating the skies or crafting beautiful, high-quality embroidery art.
This is a game-changer for the AAM space! As someone who's always tracking high-profile investments in aviation innovation, I love how Vector is tackling the revenue side of things billing and collection at 99.6% efficiency? That's the kind of reliability that could make eVTOL vertiports self-sustaining overnight. Jared Leto net worth must be feeling the ripple effects with all his eco-tech ventures; imagine him hopping on one of these sustainable rides, turning heads while padding that already impressive portfolio. Kudos to Vector for bridging the funding gap can't wait to see this roll out at more airports. Who's piloting the first demo flight?