Use cases for the airline include evaluating new hubs or schedule structures, new markets or routes, airline partnership opportunities (e.g., mergers, partnerships, codeshares), changes in fleet mix, and responding to competitor actions. Amadeus SkyCAST uses advanced mathematical models and machine learning that simulate passenger choice behavior and the effects of revenue management to calculate market share, passenger traffic, revenue, and detailed flight costs.
This Amadeus technology offers unique capabilities designed to calibrate parameters associated with key forecasting steps—network creation, demand estimation, and traffic estimation—while enabling faster assessments of multiple “what-if” scenarios in minutes rather than
days.
"We are delighted to be using Amadeus' SkyCAST technology. With enhanced forecasting capabilities, GOL will be able to develop its networks and schedules to better meet traveler demand," said Rafael Araujo, CEO of
GOL Network Planning.
As part of the Amadeus Sky Suite—an integrated schedule development platform—SkyCAST helps airlines address the complexity of demand forecasting processes, potentially generating additional revenue for airlines.
"The airline industry in Brazil is undergoing rapid transformation due to changing passenger expectations and regional integration. We are delighted to support GOL's profitability imperatives with mission-critical solutions like SkyCAST, which will enable its long-term success," said Victoria Gorzio, VP Airlines, Latin America, Amadeus.
Source: Amadeus.