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Fetcherr raises $12.5M to dynamically price airfare with algorithms

TechCrunch

Roy Cohen believes that there’s a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades. “Fetcherr predicts demand using real-time, sophisticated models and automatically provides pricing recommendations.”

Airlines 184
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12 most popular AI use cases in the enterprise today

CIO

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

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Airline Ticket Fraud and How Big Companies Avoid It

Altexsoft

The airline industry is no different. Over the past two decades, the airline industry – like many others – has become increasingly digital. If you’ve read an AltexSoft article on revenue integrity in airlines , you know that ticket manipulations are one of the main sources of revenue leakage.

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Sustainable Travel: Opportunities Digital Technology Provides for a Greener Business

Altexsoft

Greenhouse gases (tourism is responsible for around 8 percent of global carbon emissions, three-quarters of which is due to aviation), local resource overuse (e.g., A 2021 survey by Virtuoso revealed that 70 percent of respondents believe that traveling sustainably enhances their experience. Sustainability in airline industry.

Travel 95
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GitHub vs GitLab vs Bitbucket: Key Version Control Systems Compared

Altexsoft

Version control systems based on GIT are quite popular today. This article is meant to dive into the nature of the version control system, the distinction between GitHub, GitLab, and Bitbucket, and their detailed comparison. What is a version control system? The flow and key terms of a version control system. Code review.

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Managing an Online Travel Agency: How Back Office System of an OTA Works

Altexsoft

Being big complex systems, with tons of connectivity channels, providers, travelers and many solutions that have to be heavily managed, OTAs have a lot happening on the administrative side. The provider must issue a ticket (in case of airlines) or send a booking confirmation (hotels). is carefully documented in a CRM system.

Travel 89
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IATA Explained: The Role of International Air Transport Association in the Aviation Industry

Altexsoft

IATA or the International Air Transport Association is a global trade association of airlines (both freight and passenger carriers) that regulates the aviation industry by developing standards, procedures, and practices. As of today, its members are 290 airlines in 120 countries comprising around 82 percent of total air traffic.