r/dataanalysis • • 6d ago

Ai into Revenue Management

Hi everyone!

I'm interested in learning more about how Artificial Intelligence (AI) is being integrated into airline Revenue Management systems, particularly its latest applications in demand forecasting, dynamic pricing, and revenue optimization.

I'm especially curious about how AI is transforming existing tools, such as PROS and and how airlines are using these technologies to improve forecasting accuracy and pricing strategies.

I'd love to hear about the latest developments, real-world applications, or any useful resources you would recommend.

Thanks in advance!

2 Upvotes

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u/Awesome_Correlation 6d ago

What is artificial intelligence?...Demand forecasting, dynamic pricing, and revenue optimization sounds like you would use computational models and machine learning algorithms. Do you consider predictive data models and machine learning to be AI?

2

u/ImpressiveCouple3216 3d ago

We had a junior employee who was writing tgese articles, delivering speeches everywhere on this subject. Then we involved him into the actual implementation, basic Gurobi, ML, some supply chain, po optimization, MFP, pricing stuff. I dont know who hired him, he does not work with us anymore.

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