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What do the Lumo Delay Indexes mean?

Posted by Justin Dwork on Oct 31, 2018 4:36:00 PM

The Lumo delay indexes are a score from 1 to 10 given to each flight indicating how “risky” a flight is with respect to being delayed. The score is intended to capture both delay frequency (probability of a delay occurring) and delay severity (how long will the delay be if it does happen).

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Tags: algorithm, statistics, probability


How do Lumo's predictions work?

Posted by Bala Chandran on Oct 26, 2018 1:47:00 PM

While we can't give away all the details of our secret sauce, here's an outline of the basic ingredients. Our predictions are based on a combination of machine learning models that analyze vast amounts of historical and forecast data, and a super-fast simulation that is able to simulate the impact of projected constraints on all flights in the world rapidly (in a few minutes). 

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Tags: machine learning, statistics, data


Lumo featured on Boston 25 News

Posted by Emily Sullivan on May 3, 2018 12:39:00 PM

 

Boston 25 News reporter Blair Miller visited Lumo’s Boston office to interview our Co-founder and CEO Bala Chandran.

Read more at Boston 25 News.

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Flight delay prediction startup Lumo raises $2.3 Million in Seed Funding

Posted by Emily Sullivan on Mar 29, 2018 4:15:00 PM
  • U.S. Flight Delay Prediction Startup Gets Backing From JetBlue Technology Ventures, Founders Factory, Plug and Play, 2M, and Notable Angel Investors

 

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Tags: funding


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