According to Nadas , data models used to need 18 or 24 months of data . But if things have changed twice in the last three weeks , he knew Wizz Air needed to become far better at using capabilities like machine learning ( ML ) to really know how quickly it can respond to new data , new questions and new hypotheses .
The lowest reasonable price ticket without compromising service Nadas believes it is really important that people continue to trust Wizz Air and have positive experiences . Some of the company ’ s predictive data isn ' t even just used for pricing and for market demand , but for improving on-time performance and the overall customer experience .
“ We can ' t continue to push downward so far that we become an airline that people don ' t want to fly with , but we want to become as efficient as possible without compromising on our customer service .
“ From its very inception , Wizz Air was different because it was trying to make air travel affordable to everybody . When it was founded here in Hungary 18 years ago , many in the country had not ever been on an aeroplane , so the CEO was really aiming to make it accessible for all .
“ The biggest way we could make it accessible is through cost and making flying
84 June 2022