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Industry experts believe that in the next five years more than 52% of Airline service providers will implement AI-powered tools to improve customer experience. Customer support offers great scope to leverage the power of Artificial Intelligence.
Airbus, the leading aircraft manufacturer, is implementing AI applications to improve the reliability of their aircraft maintenance process. Skywise, a Cloud-based application helps in an efficient data storage. The fleet collects and records a vast amount of data in real-time, processes it and stores it in the Cloud server. Predictive Analytics and AI develop a systematic approach for the airlines company to decide an effective process for aircraft maintenance.
Want to know the optimal price for your flight bookings? An automated price generation engine is your answer. However, few rules govern this automated price generation system. Leveraging Machine Learning capabilities, the algorithm detects anomalies during a huge price rise and analyses various factors that caused such a price difference. Travel agents recommend the best time to buy cheap tickets or book a hotel using this algorithm. The user receives a notification about the said recommendation.
Using chatbots, the travel industry can provide 24/7 customer assistance and reduce the workload of human personnel. An instant response provides comprehensive support thus improving customer satisfaction and relationship management. Prior programming of FAQs helps chatbots generate automatic reminders, suggest places to visit nearby, and transportation facilities available at the holiday destination.
Dynamic pricing powered by AI helps identify buying patterns accurately enabling airlines to devise real-time pricing strategies and convert more customers. Features include preferred dates, time of purchase, convenience, etc. The AI platform detects compensation between price and product specifications to offer relevant discounts at the right time.
Technology is evolving at a lightning pace today. Enterprises need to be quick, effective, sustainable and productive to reap the benefits of Digital Transformation. Implementing AI will boost the Aviation and Travel industry. AI-powered chatbots, instant messaging apps, and other smart tools can be used by service providers to deliver personalized customer experiences.
Although solutions powered by AI are not widely used by the tourism industry, future use of this technology will be effective in delivering quality products and services. Expansion of AI promises a bright future for the aviation and travel industry. The right time is NOW. Are you ready to explore the realm of AI?
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