Deep Learning for Flight Demand and Delays Forecasting
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The last few years have seen an increased interest in deep learning (DL) due to its success in applications such as computer vision, natural language processing (NLP), and self-driving cars. Inspired by this success, this paper applied DL to predict flight demand and delays, which have been a concern for airlines and the other stakeholders in the National Airspace System (NAS). Demand and delay prediction can be formulated as a supervised learning problem, where, given an understanding of past historical demand and delays, a deep learning network can examine sequences of historic data to predict current and future sequences. With that in mind, we applied a well-known DL method, sequence to sequence (seq2seq), to solve the problem. Our results show that the seq2seq method can reduce demand prediction mean squared error (MSE) by 50 compared to two classical baseline algorithms.
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