Passenger Load Factor Optimization | PLF
Passenger Load Factor Optimization | PLF
A Hybrid, Adaptive Regression PLF Forecasting Model
PLF measures the capacity utilization for airlines and the bettering of this KPI affects the plan and costs of complementary functions such as workforce, fuel, catering and ground services. Obase PLF Optimization solution is built on a hybrid adaptive regression model and forecasts PLF with smallest error margin possible. The model delivers an optimum revenue and enables the business units to cleverly act on price and campaigns.
Passenger Load Factor (PLF) indicates the efficiency of the airline: filling seats and generating revenues. The bettering of this KPI affects the plan and costs of complementary functions such as workforce, fuel, catering and ground services.
While forecasting PLF is difficult as it’s highly affected by seasonality, unpredictable demand and even political & economical issues, Obase PLF Optimization solution has been able to deliver above industry standard results by building airline-specific models to forecast the aggregate passenger traffic in a certain time frame, region or an individual flight.
- 0.91% PLF increase can result in $10.5M+ Profit
- Delivering an 80%+ PLF – above the industry standards
- 20% reduction in the forecast errors
- 59% of the flight based forecasts are reported to be within the 0-10% error slot
- Day-ahead perfection in prediction: 336 days
Aras Kargo
"Reporting infrastructures allows users quickly create their own reports and dashboards."
"This makes our highly dynamic operation more traceable. Obase is our solution-oriented and fast service approached supplier. In addition to this, it is very valuable for us that Obase’s priority is always the customer satisfaction."
Mehmet Zeki Güngör
BI ManagerAras Kargo
"Self-service BI structure allows users to quickly generate reports while maintaining the transparency of data"
We have been using the MicroStrategy solution in our operations for more than 10 years in Obase consultancy. It was important for us to reduce the reporting requests from users. We reduced the incoming report requests by further increasing the use of self-service BI structure and training users.
Mehmet Zeki Güngör
BI ManagerAras KargoTurkish Airlines
"Obase solutions allow us visualization of transaction services and mobile applications in one place."
"Turkish Airlines Empowers BI with MicroStrategy Enterprise platform and Obase expertise. Obase solutions allow us visualization of transaction services and mobile applications in one place. With MicroStrategy capabilities, it provides us unified development environment for desktop and mobile."
İbrahim Oral Emül
Big Data and BI ManagerTurkish AirlinesBorusan Otomotiv
"The business alliance with OBASE helped solve all these problems"
"Borusan Otomotiv has been developing a CRM application in its own field for about 10 years. Borusan Otomotiv decided to implement a new CRM application. In moving to the new CRM infrastructure, it aimed to solve the quality problems that occurred in the database for 10 years, to improve the quality of customer dedication and data. Borusan Otomotiv preferred the IBM Information Server product family and the business alliance with OBASE to solve all these problems."
MicroStrategy
"Obase has an ability to deliver complex solutions and a strong team"
"Obase, one of MicroStrategy's business partners with experience, ability to deliver complex solutions and a strong team, played a crucial role in our success in Turkey. Maintaining, strengthening and expanding our loyal customer profile over the years will be our first priority."
Darrly Owen
Vice President & GM, MEAFor solutions specific to your industry
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