New tool measures trends and compares current and future pricing >>
by: BTE
Advito, the corporate travel consultancy, has created Airfare Predictor, an airfare tracking tool, in partnership with Air Cube, an aviation business intelligence and data mining company. The tool measures pricing trends and booking class availability. The ability to compare current and future pricing while negotiating with airlines is backed by real-time global intelligence. Oliver Benoit, Advito’s senior director and global air practice leader, said, “We can now answer questions that people outside of airline revenue management teams could not answer before.” The proprietary process and analytics collect airlines’ prices 180 days into the future, mimicking a range of real consumer booking behavior. The data goes beyond a single airfare, breaking it down by four components to highlight why fares are changing. Specifics include the fare basis, airline surcharges, taxes and booking class availability.
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