{"id":4578,"date":"2023-07-13T11:30:09","date_gmt":"2023-07-13T09:30:09","guid":{"rendered":"https:\/\/beta.forwardkeys.com\/reliable-air-travel-data-on-low-cost-carriers\/"},"modified":"2024-12-04T12:21:35","modified_gmt":"2024-12-04T11:21:35","slug":"reliable-air-travel-data-on-low-cost-carriers","status":"publish","type":"post","link":"https:\/\/forwardkeys.com\/es\/reliable-air-travel-data-on-low-cost-carriers\/","title":{"rendered":"Reliable air travel data on low-cost carriers"},"content":{"rendered":"
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At ForwardKeys, we recognise the value of <\/span>accurate ai<\/span>r travel data for low-cost carriers \u2014 especially for destinations that depend primarily on these airlines. But due to the sophistication and intricate connectivity of the air travel network, it's traditionally been challenging to obtain accurate statistics for this market segment \u2014 especially since low-cost carriers don\u2019t always share their data publicly.<\/span>\u00a0<\/span><\/p>\n

To address this challenge \u2014 and provide greater insight to our customers in destinations served by low-cost carriers \u2014 we developed the Total Air Market (TAM) algorithm. <\/span>\u00a0<\/span><\/p>\n

This machine learning algorithm, continuously trained with our data science and business expertise, leverages existing data points to construct a comprehensive and consistent view of the global travel market \u2014 including the crucial low-cost carrier segment. The TAM algorithm empowers our customers to reliably monitor their performance and benchmark against competitors \u2014 allowing insight-led decision-making and strategic planning.<\/span>\u00a0<\/span><\/p>\n<\/div>\n

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<\/i>0<\/span><\/div>\n
Airlines<\/div>\n<\/div>\n<\/div>\n
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<\/i>0<\/span>M<\/span><\/div>\n
Annual Flights<\/div>\n<\/div>\n<\/div>\n
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<\/i>0<\/span>K<\/span><\/div>\n
Airports<\/div>\n<\/div>\n<\/div>\n
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<\/i>0<\/span>K<\/span><\/div>\n
Unique Routes<\/div>\n<\/div>\n<\/div>\n
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<\/i>0<\/span><\/div>\n
Low-cost Carriers<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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In total, ForwardKeys' extensive worldwide coverage includes more than 900 airlines, 44 million annual flights, 4,750 airports and more than 70,000 unique routes connecting them. This includes data on 180 low-cost carriers operating around the globe \u2014 indispensable for those destinations dominated by this segment.<\/span><\/p>\n<\/div>\n

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With no single source of truth available for low-cost carrier air travel data, ForwardKeys has developed an approach which intelligently models performance figures for these carriers using a wide range of inputs \u2014 and the accuracy of our data relies on a range of factors. These include airline dynamics and profiles, economic shifts, flight searches, competitive environments on routes, changes in source markets, historical trends, the timing of the data snapshot, and the availability of official statistics. <\/span><\/p>\n<\/div>\n

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