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Amadeus SkyCAST by Optym

Amadeus SkyCAST by Optym

Amadeus SkyCAST By Optym uses advanced mathematical techniques to simulate passenger choice behavior and revenue management effects to calculate market shares, passenger traffic, passenger revenue, and detailed flight costs to forecast total network profitability of proposed schedules. It is a network planning system including new destinations, flight timings, hub structures, alliances, code-shares, and competitive responses.
 
Key benefits
Enhanced Profitability: by creating more accurate forecasts for passenger demand, revenue, and costs, the solution enables better decision-making and provides more business insights, resulting in increased network profitability
Main features
  • Advanced Forecasting Models that consider passenger preference factors such as time of day, service type, airport preference, carrier preference, and other variables and convert forecasted demand of each itinerary into expected traffic, considering spill and recapture effects.
  • Automatically runs forecasts on previous years’ schedules (back-cast) and compares results with historical traffic data to determine detailed forecasting accuracy measurements and adjustments at the system, market, and flight levels.
 
Resources
  • Amadeus SkyCAST by Optym

    Amadeus SkyCAST by Optym simulates passenger choice behavior and revenue management effects to forecast total network profitability of proposed schedules