Thursday, June 08, 2017

Government plans analytics tool for airfare trends

New Delhi: he government plans to have an analytics tool that will provide future airfare trends in a transparent manner for passengers.

The proposal is part of the Civil Aviation Ministry's efforts to ensure paperless and seamless air travel for the Indian aviation market, which is projected to be the world's third largest by 2022.

The ambitious 'DigiYatra' initiative -- whose initial contours were unveiled today -- seeks to provide airline travellers a "digitally unified flying experience" across all stages of their journey.

During discussions between Minister of State for Civil Aviation Jayant Sinha and industry stakeholders, the idea of having airfare trends analytics for passengers also came up.
According to a source privy to today's meeting, such an analytics tool would first require a reservoir of data collected from airlines, airports and travel portals.

Historical data thus gathered can help identify fare trends which can be made public, the source added.
08/06/17 PTI/Economic Times