AI dynamic pricing engine
Artificial Intelligence is not a buzzword at Wiremind.
We have successfully implemented AI-based models for industry leaders that run in real time and optimize millions of bookings.
Applying that expertise to your data can lead to clear benefits and revenue increase.
Our AI model is able to forecast the show-up rate of your AWBs, and aggregate it at a flight level.
In other words, by anticipating low-shows and no-shows (weight and volume), our model identifies the revenue opportunities that can be leveraged to make the most of your capacity. Through an advanced risk-based approach, that allows you to factor in the commercial sensitivity, take a custom approach for every flight and avoid empty positions.
Revenue and margin management
Our revenue management capabilities are fully integrated in the capacity dashboard: by assigning to each leg a margin condition, you are able to filter the bookings that provide the best contribution, which is calculated based on revenues but also on variable costs.