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Airport Capacity Estimation

Posted by Rich Jordan on Jan 30, 2019 5:02:00 PM

It might seem obvious, but at any given moment, an airport can only accommodate so many aircraft.

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Tags: algorithm, statistics


Why Lumo?

Posted by Bala Chandran on Jan 1, 2019 12:00:00 AM

This is somewhat of an existential question. Back when we were going through our branding exercise, we were asked to complete the following statements: "We believe __________"; and "We exist to __________". It forced us to think about why our customers, employees, and investors should care about Lumo, and why you should engage with us. We also came up with our name during that branding exercise; Lumo = LU (Illuminate) + MO (Movement/Mobility). 

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Tags: Value proposition


Lumo’s 2018 Holiday Travel Forecast

Posted by Hamsa Balakrishnan on Dec 18, 2018 5:39:00 PM

It’s shaping up to be another busy holiday travel season, with 45.7 million passengers expected to travel on US airlines between December 20 and January 6.

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Tags: holiday, forecast


Driving Traveler Satisfaction: Adelman Travel integrates Lumo's API

Posted by Emily Sullivan on Dec 11, 2018 11:54:00 AM

The negative impacts of flight delays and disruptions are well documented. Globally, flight delays are estimated to cost over 60 billion USD, and in the U.S. two out of every three flight delays are caused by somewhat predictable events, such as weather, air traffic control restrictions, or another forecastable cause. Most critical for travel agencies and travel management companies (TMCs) is the personal impact on the traveler: over half of all business travelers list delays and cancellations as the most frustrating part of travel.

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Tags: ROI, data, API


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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