Abstract:

With the development of aviation industry and the improvement of people's living level,an increasing number of people prefer to travel on air. But the airline companies are using revenue management system for real-time price adjustment which keep fare changing significantly. The price is characterized by large floating,which makes it valuable practically to research on predicting price. A flight ticket fare prediction model based on time-serial is proposed in this paper. A prediction of ticket time-serial algorithm is designed and implemented. Comparative analysis of the predicted and actual travel sites published price has indicated that the model can provide more reliable for passengers booking decision support.

Key words: price prediction, time-serial, equivalence class