First read is on us.

Subscribe today to keep up with the latest travel industry news.

GE crowdsources ways to stop flight delays and save airlines money


Skift Take

Flight delays are the result of a such complicated and intertwined series of events that there won’t be an end-all solution, but perhaps a better way for airlines to predict the delays in order to cut their losses.

General Electric is turning to crowdsourcing in an effort to help improve the chance your next flight will be on time.

Managing all the airline flights every day around the country and the world is a massively complex system. The complexity leads to problems, the problems lead to delays and delays lead to lost revenue....

To help optimize the system, airlines spend billions trying to figure out how to ensure their flights will be on time, and avoid losing money in the process. General Electric is one of the companies that helps them figure out the best way to do so, and now GE is putting up $500,000 in prize money in the hopes that some eager mathematicians will be able to help.

Up Next

Hotels

How Data Quality Issues Impact Global Hospitality Operations

There are wide discrepancies in data quality for hotel transactions across global regions, with the largest occurring in Asia-Pacific. Because hotels and agencies need to harness data quality to thrive, they must take a more nuanced regional approach to monitoring potential issues.
Sponsored