Skymetrix Study Finds 40% of Airline Invoices Still Paper-Based, Costing Industry $4.6 Billion
Skymetrix announced in a press release that 40.3 percent of airline invoices are still received as unstructured documents such as paper or PDFs, requiring manual data entry. The study analyzed 1.12 million fuel and airport charge invoices from 31 airlines between 2024 and 2025.
According to the research, human data entry errors occur in 3.6 percent of cases, meaning roughly one in every 28 entries contains a mistake. Skymetrix estimates that these errors cost the global airline industry $4.6 billion each year, representing about one eighth of total net profit.
The report found large differences among airlines, with seven carriers having paper invoice rates below 10 percent and ten above 50 percent. Most finance teams verify only 10 to 20 percent of invoices in detail, allowing many errors to go undetected.
In response, Skymetrix has launched AI Invoice Automation, a touchless invoicing system designed to eliminate manual processing and improve verification accuracy. The company says the solution aims to reduce operational leakage and improve cost control for airlines.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Enterprise AI Brief, Sales & Marketing AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from Enterprise
Oct 16 BOC Group Adds AI Assistant to ADOIT 21 Oct 16 Huawei Brings Upgraded Stellar Network Solution to Europe Oct 16 Element to Manage Waymo's Toronto Fleet for 2028 Launch Oct 16 CTM and Huawei Plan AI Network Security Upgrades in Macao Oct 16 Huawei and 14 partners form Global AI CITY allianceEnterprise AI Brief
Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
symplr Survey Finds Nearly Half of Hospital Operations Remain Manual
EU survey finds 42% of smaller companies use AI or automated management
OneStream Survey Finds 14% of Finance Organizations Gain Enterprise Value From AI
Appian survey finds 60% of Australian workers caught AI errors
Blue Cross Analysis Links Hospital AI to $942 Million in Added Costs
Daily AI Brief: the AI news that matters, in your inbox.