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WestCap and Peter Thiel-backed FLYR Labs closes $150M Series C

TechCrunch

Airlines have a relatively straightforward goal — getting people in seats — but they’ve traditionally relied on inefficient and outdated statistical modeling methods to predict what prices and other conditions will sell tickets. Enter FLYR Labs. — the model will get smarter over time, FLYR says.

Airlines 248
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Airline Reporting Corporation: ARC Accreditation Options and Steps to Get It

Altexsoft

Whether your business is focused on selling airline tickets, package trips, or cruises, if you want to be acknowledged as a professional in the travel industry, you need to be certified. So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies.

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Averting turbulence in the air

CIO

The diversification of payment methods and gradual increase in the volume of online transactions have cast a spotlight on the need for payment security compliance within the airline industry. Understanding the business of the airline industry As previously mentioned, the revenue streams are becoming diversified in the airline sector.

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New Distribution Capability (NDC) in Air Travel: Airlines, GDSs, and the Impact on the Industry

Altexsoft

Two fundamental needs connect all airlines: revenue and passenger satisfaction. To be able to sell ancillaries to the passengers and be more profitable, airlines struggle to deliver personalized content to their travelers. Lufthansa, British Airways, American Airlines, and Iberia were the first to adopt NDC. What is NDC?

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The CIO’s Shortcut to Leading in the New Era of Work

CIO

The summit will examine what innovation looks like at various high-performing companies. Myrna Soto, a longtime IT leader and corporate director or board member of CMS Energy , Spirit Airlines , Popular Inc. , Human Resources, Innovation, IT Leadership, IT Strategy, IT Training Looking to get ahead in your own career?

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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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Autonomous flight startup Merlin Labs nabs $105M and US Air Force partnership

TechCrunch

In 2020, the size of the global cargo airline industry was $110.8 The system performs actions using actuators connected to the plane, which are directed by the onboard flight computer. Flight is complex; fatal crashes like Lion Air Flight 610 in 2018 and Ethiopian Airlines Flight 302 in 2019 are sobering reminders of this.