Shortly after unveiling our pricing intelligence platform at the Aviation Festival in Miami last month, my colleague and Airnguru co-founder Javier Jimenez and I were interviewed by Airline Profits. And when it comes to airline profits, we quickly formed a consensus - there aren't enough of them.
CEO Sergio Mendoza explained how Big Data and Artificial Intelligence (AI) are changing our lives, our jobs and airline pricing, as Airnguru participated as an exhibitor at Aviation Festival Europe 2016, held in London on 7-9 September.
Will Artificial Intelligence rival airline revenue management and pricing analysts?
It is a fact, and surely you heard it is happening. The time when machines learn has come. In the airline industry, machines can learn about fare gaps from themselves, and airlines are looking beyond historical trends for yield management. They are running predictive analytics and interpretations. But will they replace or empower revenue management and pricing analysts?