How artificial intelligence is transforming revenue management for airlines
At Amadeus, we're heavily invested in AI and machine learning (ML) in many of our solutions, including revenue management (RM). We're also driving innovation in this area with participation at key industry events like AGIFORS and our partnerships with universities to foster PhD researchers. These elements are enabling our airline partners to embrace the amount of data they have and use it to make informed business decisions. As airlines service more passengers with different profiles, while offering more travel options and more types of services and ways to combine them, AI and ML backed solutions will be key in helping them make better decisions. Forecasting future passenger demand has always been one of the most challenging tasks for revenue management systems.
Dec-26-2019, 10:16:58 GMT