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Ebook A management textbook airline operations: Part 2
Ebook Airline operations and management - A management textbook: Part 2 present flight schedule development and control; economics and finance; pricing and revenue management; distribution; international air transportation and public policy; looking ahead.
215 p vaa 30/12/2021 149 1
Từ khóa: Airline operations and management, Airline operations, International air transportation and public policy, Pricing and revenue management, Looking ahead
In this paper we simultaneously address four constraints relevant to airline revenue management problem: Flight cancellation, customer no-shows, overbooking and refunding. We develop a linear program closely related to the dynamic program formulation of the problem which we later use to approximate the optimal decision rule for rejecting or accepting customers. We give a novel proof that the optimal objective function of this linear program is...
20 p vaa 28/06/2019 322 1
Từ khóa: Revenue management, Approximate dynamic programming, Airline revenue management problem, Flight cancellation, Customer no-shows
Airline seat management with round trip requests
Consider a multi-period multi-fare class airline booking problem related to a two-leg airline network. Travel requests include outbound, inbound trip, and round trips. The round-trip refers to a journey comprising both outbound and inbound trips. To develop a dynamic-nested booking decision-making system for the airline network, this study designs a dynamic model that enables the airline reservations system to devise a set of dynamic decision...
16 p vaa 28/06/2019 353 2
Từ khóa: Revenue management, Airline seat management, Trip requests, Two-leg airline network, Dynamic model
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