» Air transportation pricing management system

Work. Expert system

Air transportation pricing management system

Date

2023

Industry

Expert system

Company size

2000

Project duration

1 year 3 months

Location

Russia, Yekaterinburg

About project

High-tech tool designed to automatically adjust
ticket prices depending on a variety of factors
such as demand, seasonality, competition and
other market conditions. This service helps
airlines maximize profits by quickly adapting to
changing market conditions and maintaining an
optimal balance between flight occupancy and
profitability.

Air Freight

Data Analysis

Dynamic Pricing

Pricing Tools

Task

The main task of the system is to provide dynamic pricing, which automatically changes ticket prices depending on various factors. The system must effectively analyze data on demand, seasonal fluctuations, competitive offers and other variables to determine optimal pricing strategies. The goal is to maximize profits for airlines, improve flight occupancy and ensure competitiveness in the market.

Process

The system has successfully implemented dynamic pricing, which has allowed airlines to significantly increase profits and improve flight occupancy management. The automatic adjustment of prices depending on demand, seasonality and competitive factors provided flexibility and accuracy of pricing. The system has demonstrated its ability to adapt quickly to changing market conditions, contributing to more effective revenue management.