Applied Analytics through Case Studies Using SAS and R: Implementing Predictive Models and Machine Learning Techniques

© Deepti Gupta 2018

Deepti GuptaApplied Analytics through Case Studies Using SAS and Rhttps://doi.org/10.1007/978-1-4842-3525-6_6

6. Airline Case Study

Deepti Gupta¹ 

(1)

Boston, Massachusetts, USA

 

The global airline industry provides air transport services for traveling passengers and freight to every corner of the world, and it has been an essential part of the formation of a global economy. The airline industry is a fast growing and dynamic sector. The International Air Transport Associations (IATA) forecasts that the global net profit to rise to $38.4 billion in 2018. ¹ The airline industry is achieving sustainable profitability levels and 2018 is expected to be the fourth consecutive year of sustainable profits. According to IATA, in 2016 the ...