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Airline Loyalty Programs: Main Aspects, Types, and a Technological Perspective

Altexsoft

A few years ago, Joe DeNardi, a Stifel analyst, published a sensational report that contained estimated values of some of the biggest US airlines’ loyalty programs. According to it, American Airlines’ AAdvantage was worth $37.6 All these impressive numbers unveil the hidden power behind airlines’ loyalty programs.

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AI in Short-Term Rentals: How Machine Learning Shapes STR

Altexsoft

This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making. The key terms that everyone should know within the spectrum of artificial intelligence are machine learning, deep learning, computer vision , and natural language processing. The early adopters, plain and simple.”

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Flight Price Predictor: Training Models to Pinpoint the Best Time for Booking

Altexsoft

Pricing in the airline industry is often compared to a brain game between carriers and passengers where each party pursues the best rates. How dynamic pricing in the airline industry works. Airlines employ the technology to forecast rates of competitors and adjust their pricing strategies accordingly. Internal factors include.

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Railway Reservation System: How to Drive Online Train Bookings

Altexsoft

Train travel is in a disadvantaged position in our world. And before you ask if this comparison is even fair, consider how expectations for railway shopping were influenced by the way we purchase airline tickets. One of the most interesting differences between how air and train transport operate is the role technology takes in each.

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Father and son duo take on global logistics with Optimal Dynamics’ sequential decision AI platform

TechCrunch

Like “innovation,” machine learning and artificial intelligence are commonplace terms that provide very little context for what they actually signify. A classic problem is how to optimize an airline’s schedule to maximize profit. Trying to train a computer on weird edge events [like that] is hard,” he said.

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What is PNR: Passenger Name Record Explained in Details

Altexsoft

Introduced to facilitate the exchange of booking information between airlines, PNRs have become an important component of the travel industry. The reservation data is transmitted to the airline’s central reservation system (CRS). Most airlines don’t run their own CRS. Why airlines need Super PNRs.

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Data Science use cases & tools

Apiumhub

Machine Learning. Machine learning is the backbone of data science. Modeling is also a part of ML and involves identifying which algorithm is the most suitable to solve a given problem and how to train these models. Programming. Programming is required to execute a successful data science project.

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