Airline seat management with round-trip requests

Peng-Sheng You

doi:10.2298/YJOR0402155Y

Authors

Peng-Sheng You Graduate Institute of Transportation & Logistics National Chia-Yi University, Taiwan

DOI:

https://doi.org/10.2298/YJOR0402155Y

Keywords:

airline, inventory, booking, revenue management

Abstract

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 rules for any given booking status. The booking process is found to be controlled by some set of booking thresholds.

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Airline seat management with round-trip requests

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