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Dynamic Pricing ML model for Airline’s Ancillary “Failed”. Cutting Discounts “Won” Instead !!

中文摘要

廉价航空的附加服务动态定价机器学习模型失败了,削减折扣反而取得了成功。

English Summary

A low-cost airline's machine learning model for ancillary dynamic pricing failed, while cutting discounts proved more successful.

Original Excerpt

A low-cost airline (LCC) makes real money from Ancillary (baggage fees), on top of the ticket price. Continue reading on Medium »