Airline Fare Prediction Using Machine Learning Algorithms

Abstract

This paper discusses the issue of airfare. A set of characteristics defining a typical flight is chosen for this purpose, with the assumption that these characteristics influence the price of an airline ticket. Flight ticket prices fluctuate depending on different parameters such as flight schedule, destination, and duration, a variety of occasions such as vacations or the holiday season. As a result, having a basic understanding of flight rates before booking a vacation will undoubtedly save many individuals money and time. Analysing 3 datasets to get insights about the airline fare and the features of the three datasets are applied to the seven different machine learning (ML) models which are used to predict airline ticket prices, and their performance is compared. The goal is to investigate the factors that determine the cost of a flight. The data can then be used to create a system that predicts flight prices.