Modeling Airline Booking Demands and Dynamic Booking Inventory Control / 航空公司航班客位需求與訂位艙等規劃

碩士 / 國立交通大學 / 運輸工程與管理系 / 89 / In order to improve revenues in a very competitive market, it is common for airlines to sell a pool of identical seats at different prices according to different booking classes. Under the circumstances, the airline booking inventory control seeks to maximize revenue by determining whether a booking request at a specific point should be accepted or denied. The objective of airline booking inventory control is to maximize the expected revenue by allocating the seats of different fare classes. Hopefully, it can reach satisfactory trade-off between the flight load rate and profit. However, optimum booking seat inventory control depends on accurate booking demand prediction. This paper brings up a new idea of flight passenger demand model by reflecting passengers’ actual demands with their values of time towards different fare class expiration dates. Through the formulation and results of flight passenger demand model, the paper can analyze and obtain not only the probabilities of passengers’ choice of their fare classes, but also the probabilities of diverting to other fare classes, and to other competitive airlines.
Furthermore, this paper develops a booking seat inventory model by maximizing the airline’s revenues to decide the optimum booking policy, which can find the reservation level of each fare class at every decision period during the entire booking period. In addition, the model also can determine the most appropriate waiting capacity, and the deadline of passenger ticketing. Finally, an example using actual booking records of an international airline is used to demonstrate the model. The result shows that if the airline’s fare products do not satisfy passengers’ demands, its revenues will decline. With the consideration of booking cancellation and waiting capacities, the model result of the study is more coincide with actual data as compared with those using existing methods found in literature. Besides, the result also shows that when the deadline of passenger ticketing is closer to the date of flight departure, the airline’s expected revenue will increase. The results of the paper can be used as guidelines on determining the optimal revenue management plans for airline operators.

Identiferoai:union.ndltd.org:TW/089NCTU0423019
Date January 2001
CreatorsYa-Ni Chen, 陳雅妮
ContributorsChaug-Ing Hsu, 許巧鶯
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format115

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