Entrepreneur Briefs

Artificial intelligence continues to make inroads into the airline industry, helping carriers like Iberia deal with flight rescheduling problems and maintenance schedules. Now AI's combative little brother, neural networks, has made its first contribution to making the friendly skies more profitable. NationAir, a Montreal carrier, has installed a "yield management" system designed by BehavHeuristics Inc., to forecast passenger demand for flights at various fare levels. The system, which learns


Register for free to listen to this article
Listen with Speechify
0:00
1:00
Share

Artificial intelligence continues to make inroads into the airline industry, helping carriers like Iberia deal with flight rescheduling problems and maintenance schedules. Now AI's combative little brother, neural networks, has made its first contribution to making the friendly skies more profitable. NationAir, a Montreal carrier, has installed a "yield management" system designed by BehavHeuristics Inc., to forecast passenger demand for flights at various fare levels. The system, which learns from past customer bookings and current ticket sales, relies on what the College Park, Md.-based company calls "an adaptive networks approach based on the behavioral sciences." It also incorporates some of AI's expert systems technology. Kenneth R. Stephens, the former behavioral analyst and computer scientist who helped found the company in 1986, says, "If one wants to be a neural network purist, one should stay in the research laboratory." Stephens and William R. Hutchison started the company with the aim of ...

Interested in reading more?

Become a Member of

The Scientist Logo
Receive full access to digital editions of The Scientist, as well as TS Digest, feature stories, more than 35 years of archives, and much more!
Already a member? Login Here
3D illustration of a gold lipid nanoparticle with pink nucleic acid inside of it. Purple and teal spikes stick out from the lipid bilayer representing polyethylene glycol.
February 2025, Issue 1

A Nanoparticle Delivery System for Gene Therapy

A reimagined lipid vehicle for nucleic acids could overcome the limitations of current vectors.

View this Issue
Considerations for Cell-Based Assays in Immuno-Oncology Research

Considerations for Cell-Based Assays in Immuno-Oncology Research

Lonza
An illustration of animal and tree silhouettes.

From Water Bears to Grizzly Bears: Unusual Animal Models

Taconic Biosciences
Sex Differences in Neurological Research

Sex Differences in Neurological Research

bit.bio logo
New Frontiers in Vaccine Development

New Frontiers in Vaccine Development

Sino

Products

Tecan Logo

Tecan introduces Veya: bringing digital, scalable automation to labs worldwide

Explore a Concise Guide to Optimizing Viral Transduction

A Visual Guide to Lentiviral Gene Delivery

Takara Bio
Inventia Life Science

Inventia Life Science Launches RASTRUM™ Allegro to Revolutionize High-Throughput 3D Cell Culture for Drug Discovery and Disease Research

An illustration of differently shaped viruses.

Detecting Novel Viruses Using a Comprehensive Enrichment Panel

Twist Bio