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	<title>Flight Archives - Artificial Intelligence</title>
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		<title>How Machine Learning Is Changing Commercial Flight</title>
		<link>https://www.aiuniverse.xyz/how-machine-learning-is-changing-commercial-flight/</link>
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		<dc:creator><![CDATA[aiuniverse]]></dc:creator>
		<pubDate>Sat, 06 Feb 2021 05:17:26 +0000</pubDate>
				<category><![CDATA[Machine Learning]]></category>
		<category><![CDATA[Artificial Intelligence]]></category>
		<category><![CDATA[CHANGING]]></category>
		<category><![CDATA[Commercial]]></category>
		<category><![CDATA[Flight]]></category>
		<category><![CDATA[Machine learning]]></category>
		<guid isPermaLink="false">http://www.aiuniverse.xyz/?p=12743</guid>

					<description><![CDATA[<p>Source &#8211; https://simpleflying.com/ Artificial Intelligence is rolling out across the aviation industry to a greater and greater extent. It could even hold the key to a speedier <a class="read-more-link" href="https://www.aiuniverse.xyz/how-machine-learning-is-changing-commercial-flight/">Read More</a></p>
<p>The post <a href="https://www.aiuniverse.xyz/how-machine-learning-is-changing-commercial-flight/">How Machine Learning Is Changing Commercial Flight</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>Source &#8211; https://simpleflying.com/</p>



<p>Artificial Intelligence is rolling out across the aviation industry to a greater and greater extent. It could even hold the key to a speedier post-pandemic recovery. Let’s take a look at how its branch of machine learning is already impacting everyday aspects of travel, including how tickets are priced, point-to-point routes, fuel consumption optimization, and biometric boarding.</p>



<p><em>“AI is coming and it will have no mercy for any obstacles on its way. Companies can choose to resist and maintain status quo to extend their survival period, or embrace AI and be part of the ongoing revolution,” </em> – IATA, AI in Aviation White Paper, 2018.</p>



<h2 class="wp-block-heading" id="what-is-machine-learning">What is machine learning?</h2>



<p>Machine earning, or ML, is a type of cumulative Artificial Intelligence, or AI. It is a method of data analysis that allows computer systems to learn through experience. Algorithms and statistical models analyze patterns, which they then use to improve themselves. This (hopefully) leads to better and better decisions with minimal human intervention.</p>



<p>The larger the volumes of data, the more accurate the algorithm’s evolution through ML will be. And what generates an amazing amount of data (apart from Netflix-views and internet searches) every single day? Airlines and their passengers. And the latter are beginning to put it to very good use.</p>



<h2 class="wp-block-heading" id="dynamic-ticket-pricing">Dynamic ticket pricing</h2>



<p>The airline industry is considered one of the most advanced in using complex pricing strategies. Most travelers seek to obtain their airline tickets for the lowest price possible. Airlines, on the other hand, want to maximize their revenue. Machine learning algorithms can help both parties in their quest for the best deal.</p>



<p>To determine optimum ticket prices, airlines need to forecast demand on a specific time of year and a particular day. Furthermore, they need to account for factors such as holidays, events, and festivals.They also need to keep on top of what the competition is doing, at what time people are more inclined to purchase what kind of tickets, and predicted fuel prices.</p>



<p>To stay in the proximity of the continuously moving sweet spot, today’s data systems are making billions of predictions per day to this effect. When ML is implemented to its current potential, a single model can make about two million evaluations – per second.</p>



<p>Of course, these algorithms can also work in the customer’s favor by figuring out at what time of day and which day of the month ticket prices will be lower. As airline application of ML increases, we are bound to see even more optimal airfare finder services pop up.</p>



<h2 class="wp-block-heading" id="route-planning">Route planning</h2>



<p>When determining route and frequency demand for specific city-pairs, especially with the rise in point-to-point travel, carriers must consider hundreds of factors. Demographics, industry connections, time of the week and day, season, holidays, events, fuel price, etc., all decide whether or not a route will be profitable and when.</p>



<p>To determine optimal routes and schedules, ML can handle much more data than traditional analytical tools. It can analyze search engine data, booking agent data, social media posts and comments, along with recruitment and professional sites, to determine both leisure and business travel demand.</p>



<p>The ability to analyze large amounts of data and continually draw new conclusions from them will be invaluable to airlines and agile revenue management as the industry emerges into a post-pandemic landscape much different than the one of 2019.</p>



<h2 class="wp-block-heading" id="onboard-sales-and-food-supply">Onboard sales and food supply</h2>



<p>What a person eats and drinks on board an aircraft varies greatly, not only from individual to individual and types of travel but also depending on destination and time of day. 20% of all food produced by in-flight catering is wasted every single year.</p>



<p>To minimize both food waste and financial losses, carriers need to analyze previous data of onboard sales and adapt their offerings. The more customizable the in-flight experience becomes, the more sophisticated algorithms airlines need to perfect the supply vs. demand snack situation.</p>



<p>In June last year, easyJet, which said in its 2020 annual report that it aims to become the world’s most data-driven airline, hired British AI-firm Black Swan Data to help it analyze customer food consumption.</p>



<p><em>“For someone like easyJet, it’s likely that 40pc of their fresh food will be wasted,”</em> Steve King, Black Swan Data’s CEO, told the Telegraph at the time. <em>“The aviation world is insane because there’s no data, it’s like a website where you delete the data every day. It wouldn’t work.”</em></p>



<h2 class="wp-block-heading" id="fuel-consumption">Fuel consumption</h2>



<p>Along with labor, fuel is an airline’s biggest operating cost, accounting for close to a quarter of expenses. Not only that, but aviation is responsible for about 2.4% of global fossil fuel CO2 emissions. To become more efficient, better calculations for exactly how much fuel is needed for a specific flight are required. Enter machine learning.</p>



<p>According to AI Trends, before Southwest Airlines started a pilot project for predictive models in 2016, the airline was producing 1,200 fuel demand forecasts every month – working with spreadsheets. It would take analysts three days each month to compose the forecasts, which in many cases turned out to be less accurate than ideal.</p>



<p>The computer system generated 9,600 forecasts for each of the close to 100 airports Southwest serves for each month, in 60% less time. While the exact cost savings were never publicized, Doug Gray, Director of Southwest’s analytical data services, confirmed that they were “substantial.”</p>



<h2 class="wp-block-heading" id="biometric-boarding">Biometric boarding</h2>



<p>Machine learning techniques are also applied to biometrics. For facial recognition to work it needs to be trained using ML algorithms. This is done by processing thousands upon thousands of images searching for patterns of features.</p>



<p>The technology has been around for some time. However, the access to massive amounts of facial data (all those selifes and tagged photos on the internet) and cheaper computing power has seen the multi-layered deep learning Artificial Neural Networks involved in the process make giant leaps in the past few years. Delta Air Lines recently launched the first US domestic digital identity test at Detroit Metropolitan Wayne County Airport.</p>



<p>The convergence of AI and biometrics could not have come at a better time as airports and airlines all over the world are implementing contactless procedures to keep travel as safe as possible for both employees and and passengers.</p>



<p>Artificial intelligence is not only here to stay, but it can help the aviation industry recover much faster from what continues to be the most severe crisis in its history. As IATA says, you either resisting and hang on just a little bit longer, or you embrace it and become part of the revolution.</p>
<p>The post <a href="https://www.aiuniverse.xyz/how-machine-learning-is-changing-commercial-flight/">How Machine Learning Is Changing Commercial Flight</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
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		<title>Big Data in Flight Operations Industry Market Summary, Trends, Sizing Analysis and Forecast To 2025</title>
		<link>https://www.aiuniverse.xyz/big-data-in-flight-operations-industry-market-summary-trends-sizing-analysis-and-forecast-to-2025/</link>
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		<dc:creator><![CDATA[aiuniverse]]></dc:creator>
		<pubDate>Tue, 02 Feb 2021 05:48:59 +0000</pubDate>
				<category><![CDATA[Big Data]]></category>
		<category><![CDATA[Big data]]></category>
		<category><![CDATA[Flight]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[OPERATIONS]]></category>
		<category><![CDATA[Summary]]></category>
		<guid isPermaLink="false">http://www.aiuniverse.xyz/?p=12626</guid>

					<description><![CDATA[<p>Source &#8211; https://www.business-newsupdate.com/ The research report on Big Data in Flight Operations Industry market gives thorough insights regarding various key trends that shape the industry expansion with <a class="read-more-link" href="https://www.aiuniverse.xyz/big-data-in-flight-operations-industry-market-summary-trends-sizing-analysis-and-forecast-to-2025/">Read More</a></p>
<p>The post <a href="https://www.aiuniverse.xyz/big-data-in-flight-operations-industry-market-summary-trends-sizing-analysis-and-forecast-to-2025/">Big Data in Flight Operations Industry Market Summary, Trends, Sizing Analysis and Forecast To 2025</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>Source &#8211; https://www.business-newsupdate.com/</p>



<p>The research report on Big Data in Flight Operations Industry market gives thorough insights regarding various key trends that shape the industry expansion with regards to regional perspective and competitive spectrum. Furthermore, the document mentions the challenges and potential restrains along with latent opportunities which may positively impact the market outlook in existing and untapped business spaces. Moreover, it presents the case studies, including the ones related to COVID-19 pandemic, to convey better understanding of the industry to all the interested parties.</p>



<p><strong>Key highlights from COVID-19 impact analysis:</strong></p>



<ul class="wp-block-list"><li>COVID-19 outlook worldwide and economic overview.</li><li>Major shifts in the demand share and supply chain of the market.</li><li>Immediate &amp; long-term impact of COVID-19 on avails.</li></ul>



<p><strong>A gist of the regional landscape:</strong></p>



<ul class="wp-block-list"><li>The geographical spectrum of the Big Data in Flight Operations Industry market is segmented into as North America, Europe, Asia-Pacific, South America, Middle East &amp; Africa, South East Asia.</li><li>Insights about performance of each regional segment based on growth rate during the forecast period is mentioned in the report.</li><li>Analysis of the revenue generated, sales garnered, and growth rate is presented in full detail.</li></ul>



<p><strong>Exclusive pointers from the Big Data in Flight Operations Industry market report:</strong></p>



<ul class="wp-block-list"><li>Competitive terrain of Big Data in Flight Operations Industry market is formulated with major companies like Digital flight operations,Hardware andOthers.</li><li>Important information regarding the manufactured products, company profiles, industry remuneration, and production patterns is given in the report.</li><li>The document contains details regarding the market share of major players along with their gross margins and price patterns.</li><li>The product spectrum is defined by segments like Making better use of airspace,Improving safety,Reducing environmental impact andSaving fuel.</li><li>Critical details pertaining to revenue and volume predictions of each product type is delivered in the report.</li><li>Various other aspects involving market share, growth rate, and production patterns of every product segment during the analysis period are elaborated in the report.</li><li>Application landscape of Big Data in Flight Operations Industry market is fragmented into Hainan Airlines,Singapore Airlines,Cathay Pacific Airways Limited,AirAsia,Emirates,Eva Air,Ana All Nipon Airways,Thai Airways,China Southern,Qatar Airways,Qantas Airways andThe Airline of Indonesia</li><li>The document examines every application with precision and predicts their y-o-y growth rate during study duration.</li><li>Detailed information about the competition trends and comprehensive analytical outlook of the supply chain in industry is defined.</li><li>The report encloses Porter’s five forces analysis and SWOT analysis to understand feasibility of new project.</li></ul>



<p><strong>Reasons for Buying this Report:</strong></p>



<ul class="wp-block-list"><li>This report provides pin-point analysis for the evolving competitive dynamics</li><li>It provides a forward-looking perspective on different factors driving or hindering the market growth.</li><li>It provides a technological growth map over time to understand the market growth rate.</li><li>It provides a five- to seven-year forecast evaluated based on how the market is predicted to grow.</li><li>It helps in understanding the key product segments and their future Outlook.</li></ul>



<p>To conclude, Big Data in Flight Operations Industry Industry report mentions the key geographies, market landscapes alongside the product price, revenue, volume, production, supply, demand, market growth rate, and forecast, etc. This report also provides SWOT analysis, investment feasibility analysis, and investment return analysis.</p>



<p><strong>MAJOR TOC OF THE REPORT:</strong></p>



<p>Chapter 1 Industry Overview</p>



<p>Chapter 2 Production Market Analysis</p>



<p>Chapter 3 Sales Market Analysis</p>



<p>Chapter 4 Consumption Market Analysis</p>



<p>Chapter 5 Production, Sales and Consumption Market Comparison Analysis</p>



<p>Chapter 6 Major Manufacturers Production and Sales Market Comparison Analysis</p>



<p>Chapter 7 Major Product Analysis</p>



<p>Chapter 8 Major Application Analysis</p>



<p>Chapter 9 Industry Chain Analysis</p>



<p>Chapter 10 Global and Regional Market Forecast</p>



<p>Chapter 11 Major Manufacturers Analysis</p>



<p>Chapter 12 New Project Investment Feasibility Analysis</p>



<p>Chapter 13 Conclusions</p>



<p>Chapter 14 Appendix</p>



<p></p>
<p>The post <a href="https://www.aiuniverse.xyz/big-data-in-flight-operations-industry-market-summary-trends-sizing-analysis-and-forecast-to-2025/">Big Data in Flight Operations Industry Market Summary, Trends, Sizing Analysis and Forecast To 2025</a> appeared first on <a href="https://www.aiuniverse.xyz">Artificial Intelligence</a>.</p>
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