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The document discusses flight fare prediction, highlighting the challenges travelers face due to fluctuating prices influenced by various factors. It emphasizes the importance of data visualization in identifying trends and making informed booking decisions. The project utilizes a dataset from Kaggle to enhance prediction accuracy and provides insights for travelers, airlines, and corporate travel management.

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saibole2003
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5 views8 pages

of Infosys

The document discusses flight fare prediction, highlighting the challenges travelers face due to fluctuating prices influenced by various factors. It emphasizes the importance of data visualization in identifying trends and making informed booking decisions. The project utilizes a dataset from Kaggle to enhance prediction accuracy and provides insights for travelers, airlines, and corporate travel management.

Uploaded by

saibole2003
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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TOPIC:FLIGHT FARE PREDICTION

CONTENTS

01 04
PROJECT OVERVIEW USE CASES

02 05
ANALYTICAL APPROACH KEYTAKEAWAYS

03 06
DASHBOARD CONCLUSION
Airflight fares change a lot because of many reasons
like demand, seasons, airline pricing strategies, and the
economy. This makes it hard for travelers to know the
best time to book flights, so they might end up paying
PROJECT too much or missing the best deals. Not having a good
way to predict these prices causes a lot of uncertainty
and frustration. This is why we need a reliable solution
OVERVIEW to help predict airflight fares more accurately. Data
visualization can be a great solution for this, as it helps
people see patterns and trends in ticket prices, making
it easier to decide when to book.
ANALYTICAL APPROACH
The Dataset was obtained from the following source:
https://www.kaggle.com/datasets/chidinmaokonta/flight-price-prediction-dataset-freshly-cleaned

01 02 03
SCOPE OF THE STUDY WHY IS IT REQUIRED SOLUTION
The objective is to analyze and Accurate fare prediction aids Data collection involved
predict airflight fares using passengers in travel planning utilizing a comprehensive
various features like airline and budget management, dataset from Kaggle, followed
name, source, destination, enables airlines to optimize by data cleaning to address
airline class, and flight pricing strategies and revenue missing and incorrect values,
duration, with additional management, and provides and data preprocessing to
parameters such as season, consumers with insights to incorporate additional
weather conditions, seat book flights at the best prices. parameters like season,
availability, and flight capacity weather, seat availability, and
integrated into the dataset. flight capacity to enhance
prediction accuracy.
USE CASES

TRIP REVENUE CORPORATE


PLANNING MANAGEMENT TRAVEL
APPS FOR AIRLINES MANAGEMENT

Visual fare trend charts Airlines use interactive Companies utilize fare
in travel planning apps dashboards to analyze prediction graphs to
help users identify the historical data and budget travel expenses
best times to book market demand, better and optimize
flights and secure the enabling dynamic ticket itineraries by
best deals. pricing strategies. anticipating future
fares.
KEYTAKEAWAYS

Appl i ed theoreti cal knowl edge to a real -worl d probl em, enhanci ng practi cal
01 understandi ng and probl em-sol vi ng ski l l s.

Collaborated with a team to achieve project goals, improving teamwork and


02 communication skills.

03 Learned to use tools like Power BI to visualize data and derive meaningful insights.

Created interactive dashboards to illustrate fare trends, aiding decision-making for


04 both consumers and airlines.
CONCLUSION

In conclusion, flight fare prediction through data visualization provides


travelers, airlines, and corporate managers with powerful tools to identify
optimal booking times, understand seasonal price patterns, receive real-time
fare alerts, optimize demand-driven pricing, and manage travel budgets
effectively. These insights not only enhance decision-making but also lead to
significant cost savings and improved travel experiences.
THANK YOU

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