Since 2007, this year was the busiest Thanksgiving holiday season. More than 3.6 million Americans might be traveling on that specific day. Though a lot of excitement is there, all the travelers are a bit concerned about the flight delays and cancellations that might happen on the specific days.
Nowadays travel apps are doing predictive analytics to determine the risk of flight cancellations, delays or missed connection. It also provides information related to weather, airlines and airport conditions. These apps will collect information from various sources so that the travelers don’t have to manual check them each time and generate two key outputs to help our travelers fly smarter: (1) a risk assessment for each individual flight, and (2) insights into larger trends that others don’t see.
What is it all about Thanksgiving Travel?
Every year during the Thanksgiving travel season: Nearly 255,000 travelers experience a flight cancellation, flight delays cause more than 5 million hours in lost time for travelers, and nearly 1 in every 8 flights experiences at least a 30-minute delay.
There are clear patterns when it comes to the riskiest days for flight delays or cancellations: When planning travel, most people are wary of “the busiest travel days” — and understandably so, given security lines and crowds. Wednesday is the busiest travel day before Thanksgiving, but not necessarily the riskiest. The worst days for travel disruptions are:
Monday is the most likely day for a flight to be cancelled — 17% of all cancellations during the Thanksgiving travel season happen on the Monday of Thanksgiving week.Wednesday is the most likely day for a flight to be significantly delayed — 17% of all delays lasting 4+ hours happen on Wednesday. Across all travel days during this period, flights departing between 6 a.m. and 7 a.m. are the most frequently cancelled; the second-most-likely hour for flight cancellations is between 4 p.m. and 5 p.m.
The takeaway here is that airlines are far less likely to cancel a flight entirely on the day before Thanksgiving (Wednesday) — their goal is to get people home for the holiday! — but that may make them more likely to delay it if there is an issue. Another important tip is don’t take an early morning flight if you’re worried about flight cancellations.
Be a smarter weather-watcher: While it’s true that no one can control or avoid sudden bouts of bad weather (last year, the first major snowfall of 2015 blasted the Midwest on the Friday and Saturday before Thanksgiving, resulting in 1,173 cancelled flights out of Chicago and other airports across the region), our predictive analytics identified two interesting and helpful weather-related trends. People often fret about bad weather affecting landing conditions at their destination airports, but in fact:
Weather at the departure airport has a greater impact on flight delays and cancellations than the weather at the arrival airport, and Cross-country flights with bad weather at the departure airport are at highest risk for delay or cancellation.
With that in mind, if you’re flying out of Syracuse, NY, Denver, CO, or Minneapolis, MN this week (Thanksgiving 2016) — cities whose forecasts call for snow and/or ice — be prepared for possible delays, especially if you are headed for a long-distance destination.
Why travel portals and online booking software are going for merchant accounts and mcommerce way?
A merchant account is a specific bank account intended to hold funds, received from credit and debit card sales through online payment interfaces on B2C travel software and Travel POS. If you’ve ever used your card and actually wondered where the funds just disappeared to, they went into a merchant account. When a customer pays for booking travel products using credit or debit card, money from his account is immediately transferred to the travel agent’s merchant account. From there, money will be transferred out to a normal business bank account through a standard protocol.