Optimierung Im Airline Revenue Management
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Optimierung Im Airline Revenue Management
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Author : Christoph Winkler
language : de
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Release Date : 2014
Optimierung Im Airline Revenue Management written by Christoph Winkler and has been published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Airlines categories.
In der Arbeit werden Überbuchungsüberlegungen und flexible Kunden im Airline Network Revenue Management simultan betrachtet. Basierend auf der Formulierung als deterministisches lineares Programm (DLP) wird innerhalb eines weiteren integrativen Ansatzes das Problem der Flottenzuordnung mit der Option eines Re-Fleetings integriert.
Airline Revenue Management
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Author : Curt Cramer
language : en
Publisher: Springer Nature
Release Date : 2021-11-10
Airline Revenue Management written by Curt Cramer and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-10 with Business & Economics categories.
The book provides a comprehensive overview of current practices and future directions in airline revenue management. It explains state-of-the-art revenue management approaches and outlines how these will be augmented and enhanced through modern data science and machine learning methods in the future. Several practical examples and applications will make the reader familiar with the relevance of the corresponding ideas and concepts for an airline commercial organization. The book is ideal for both students in the field of airline and tourism management as well as for practitioners and industry experts seeking to refresh their knowledge about current and future revenue management approaches, as well as to get an introductory understanding of data science and machine learning methods. Each chapter closes with a checkpoint, allowing the reader to deepen the understanding of the contents covered.This textbook has been recommended and developed for university courses in Germany, Austria and Switzerland.
Improved Forecast Accuracy In Airline Revenue Management By Unconstraining Demand Estimates From Censored Data
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Author : Richard H. Zeni
language : en
Publisher: Universal-Publishers
Release Date : 2001
Improved Forecast Accuracy In Airline Revenue Management By Unconstraining Demand Estimates From Censored Data written by Richard H. Zeni and has been published by Universal-Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
Accurate forecasts are crucial to a revenue management system. Poor estimates of demand lead to inadequate inventory controls and sub-optimal revenue performance. Forecasting for airline revenue management systems is inherently difficult. Competitive actions, seasonal factors, the economic environment, and constant fare changes are a few of the hurdles that must be overcome. In addition, the fact that most of the historical demand data is censored further complicates the problem. This dissertation examines the challenge of forecasting for an airline revenue management system in the presence of censored demand data. This dissertation analyzed the improvement in forecast accuracy that results from estimating demand by unconstraining the censored data. Little research has been done on unconstraining censored data for revenue management systems. Airlines tend to either ignore the problem or use very simple ad hoc methods to deal with it. A literature review explores the current methods for unconstraining censored data. Also, practices borrowed from areas outside of revenue management are adapted to this application. For example, the Expectation-Maximization (EM) and other imputation methods were investigated. These methods are evaluated and tested using simulation and actual airline data. An extension to the EM algorithm that results in a 41% improvement in forecast accuracy is presented.
Profit Optimization Using Advanced Analytics In The Airline And Travel Industry
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Author : Gopal Ranganathan
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2016-11-19
Profit Optimization Using Advanced Analytics In The Airline And Travel Industry written by Gopal Ranganathan and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-19 with categories.
The airline industry has come a long way since deregulation in 1978. Yet its ROI to investors is lowest among all industries. This book provides the secrets of how advanced analytics helps profit optimization. It is written with candor to show the limitations of today's most widely used systems and how new futuristic systems are needed for optimized decision making. It describes the systems, process and governance that align the entire management from the CEO down to the managers in making profitable decisions every time. Using numerous cases from the commercial functions of sales, revenue management, marketing and network planning, the book provides an insider look into the sub-optimal decision processes today. It shows how embedding advanced analytics from enterprise perspective optimizes the decisions. It provides a playbook for the CIO and C-Suite to build and ensure governance of the models, data and process for enterprise analytics. Commercial airlines that adopt the advanced analytics paradigm shift will see direct competitive advantage and lasting change in profits. This is the type of change recommended by Gopal Ranganathan, industry consultant and founder of Quad Optima Analytics, a company dedicated to helping airlines have this advantage.
The Basics Of Revenue Management Electronic Resource
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Author : Gary Parker
language : en
Publisher: 4019822 Canada Incorporated
Release Date : 2004
The Basics Of Revenue Management Electronic Resource written by Gary Parker and has been published by 4019822 Canada Incorporated this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
The Evolution Of Yield Management In The Airline Industry
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Author : Ben Vinod
language : en
Publisher: Springer Nature
Release Date : 2021-05-28
The Evolution Of Yield Management In The Airline Industry written by Ben Vinod and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-28 with Business & Economics categories.
This book chronicles airline revenue management from its early origins to the last frontier. Since its inception revenue management has now become an integral part of the airline business process for competitive advantage. The field has progressed from inventory control of the base fare, to managing bundles of base fare and air ancillaries, to the precise inventory control at the individual seat level. The author provides an end-to-end view of pricing and revenue management in the airline industry covering airline pricing, advances in revenue management, availability, and air shopping, offer management and product distribution, agency revenue management, impact of revenue management across airline planning and operations, and emerging technologies is travel. The target audience of this book is practitioners who want to understand the basics and have an end-to-end view of revenue management.
An Integrated Approach To Single Leg Airline Revenue Management
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Author :
language : en
Publisher:
Release Date : 2006
An Integrated Approach To Single Leg Airline Revenue Management written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Airline Revenue Management Through Data Analysis
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Author : Xiaoyi Gao
language : en
Publisher:
Release Date : 2021
Airline Revenue Management Through Data Analysis written by Xiaoyi Gao and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Airlines categories.
The Impacts Of Airline Loyalty Programs On Revenue Management Optimization
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Author : Juan Pablo García Saavedra
language : en
Publisher:
Release Date : 2017
The Impacts Of Airline Loyalty Programs On Revenue Management Optimization written by Juan Pablo García Saavedra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Loyalty Programs have evolved over years turning into unique business units, responsible for producing an important source of revenue for airlines. However, despite their contribution to the business, the lack of knowledge on the impacts of giving away rewards to loyal customers may lead to suboptimal decisions, harming bottom line results. The main objective of this thesis is to develop a methodology to model and measure the net revenue impacts of award passengers as they integrate to current airline revenue management optimization practices. By modeling an award demand using the Passenger Origin Destination Simulation tool, it was possible to understand the impacts on airlines' main metrics compared to an environment without these passengers, and to define a baseline scenario based on current airline industry data, to analyze the impacts of different RM strategies. A methodology was proposed to identify and quantify three main effects seen when allowing award passengers into the current RM optimization. The Award Revenue accounts for the economic benefit for the airline of each award passenger. Displaced Revenue is the ticket revenue loss due to the displacement of paid passengers. And, the Sell Up effect measures the change in average paid fare as a result of the introduction of this new demand. Differences between the real economic benefit to the airline of award passengers and the value that the RM optimizer uses for assigning their availability were introduced to measure the net award revenue impact. Results showed that at award valuations higher than the lowest fare, airlines are able to increase their total revenues due to higher award revenue and lower displaced ticket revenue. This outcome was consistent for all RM Schemes and demand levels examined.
The Strategic Role Of Airline Revenue Management Systems And The Importance Of Change Management
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Author : Pui-lam Ip (Stephen)
language : en
Publisher:
Release Date : 1997
The Strategic Role Of Airline Revenue Management Systems And The Importance Of Change Management written by Pui-lam Ip (Stephen) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Organizational change categories.