Advanced analytics software provider PredictX has launched PredictX
Navigator, which automatically analyzes and compares air carrier proposals, contracts
and proposal iterations against other proposals and against market rates. Buyers
also can leverage aviation data like service frequency, aircraft and route type
to analyze and predict demand and the associated fares across routes and
schedules. PredictX Navigator automatically benchmarks each rate and outcome
against current market rates, enabling buyers to evaluate each deal in the
context of future pricing projections. The service is New Distribution Capability
ready for customers and carriers that have adopted NDC. However, it also works
for supplier relationships not yet NDC ready, as PredictX Navigator can automate
data consolidation between NDC, which is XML based, and legacy data-transmission
formats, the company said. "In a market that has seen so much change
recently, both airlines and buyers need more transparency into what each
contract decision will bring them," said PredictX director of product Simon
Carmouche.