AI and Blockchain Integration in Business Aviation: Securing Supply Chain and Enhancing Traceability

Authors

  • Victor Mgbachi Paragon-Edge Global Consulting LLC

DOI:

https://doi.org/10.47941/jbsm.2285

Keywords:

Maintenance and Operations, Crew Resource Management (CRM), Trip Support, Regulatory Compliance, In-flight Entertainment (IFE)

Abstract

Purpose: The research looks at how AI converges with the blockchain technology in business aviation to better the domains considered most important: maintenance, operations, flight optimization, and observation of regulatory standards. This is aimed at understanding how these technologies bring solutions that will mitigate the specific challenges to aviation related to the security of supply chains, fraud detection, and customer experience improvement.

Methodology: The research adopts a qualitative and quantitative approach, reviewing case studies from leading aviation companies such as Airbus and Boeing, alongside real-world data analysis. The integration of AI for predictive maintenance, flight optimization, and in-flight entertainment (IFE) was examined, while blockchain’s role in securing data management, regulatory compliance, and fraud prevention was assessed through documented applications and industry reports.

Findings: The identification of predictive maintenance, as ensured through AI, optimizes aircraft performance, having reduced downtime. Moreover, blockchain increases supply chain transparency and security, reduces fraud, and ensures immutable records. On top of that, AI-powered flight planning and in-flight operations significantly help in operational efficiency and customer satisfaction. Moreover, blockchain helps in compliance with regulations because of its secured and traceable data; hence, it serves as a very viable tool in aviation operations.

Unique Contribution to Theory, Policy, and Practice: This research contributes to the theory of AI and blockchain integration by presenting a comprehensive framework for their application in aviation. It provides new insights into how AI and blockchain can not only enhance operational efficiency but also address fraud and compliance issues, which are pivotal for policy development. Practically, it offers aviation companies a roadmap for leveraging these technologies to secure their supply chains, optimize operations, and enhance customer experiences, ultimately advancing the entire industry.

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Author Biography

Victor Mgbachi, Paragon-Edge Global Consulting LLC

Department of Business Aviation

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Published

2024-10-13

How to Cite

Mgbachi, V. (2024). AI and Blockchain Integration in Business Aviation: Securing Supply Chain and Enhancing Traceability. Journal of Business and Strategic Management, 9(5), 83–103. https://doi.org/10.47941/jbsm.2285

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Articles