Airline seat inventory control is about “selling the right seats to the right people at the right time”. In this paper, the problem of determining optimal booking policy for multiple fare classes in a pool of identical seats for multi‐leg flights is considered. During the time prior to departure of a multi‐leg flight, decisions must be made concerning the allocation of reserved seats to passengers requesting space on the full or partial spans of the flight. It will be noted that in the case of multi‐leg flights the long‐haul passengers are often unable to obtain seats because the shorter‐haul passengers block them. For large commercial airlines, efficiently setting and updating seat allocation targets for each passenger category on each multi‐leg flight is an extremely difficult problem. This paper presents static and dynamic models of airline seat inventory control for multi‐leg flights with multiple fare classes, which allow one to maximize the expected contribution to profit. The dynamic model uses the most recent demand and capacity information and allows one to allocate seats dynamically and anticipatorily over time. First Published Online: 14 Oct 2010


    Access

    Download


    Export, share and cite



    Title :

    Optimal airline seat inventory control for multi‐leg flights



    Publication date :

    2004-12-31


    Remarks:

    doi:10.3846/16487788.2004.9635883
    Aviation; Vol 8 No 4 (2004); 10-15 ; 1822-4180 ; 1648-7788



    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English



    Classification :

    DDC:    629



    Optimal airline seat inventory control for multi‐leg flights

    Vasermanis, Edgars K. / Nechval, Nicholas A. / Nechval, Konstantin N. et al. | BASE | 2004

    Free access

    Optimal airline seat inventory control for multi‐leg flights

    Edgars K. Vasermanis / Nicholas A. Nechval / Konstantin N. Nechval et al. | DOAJ | 2004

    Free access

    Intelligent Airline Seat Inventory Control System

    Teodorovic, Dusan | Online Contents | 2002


    Intelligent Airline Seat Inventory Control System

    Teodorovic, Dusan / Popovic, Jovan / Pavkovic, Goran et al. | Taylor & Francis Verlag | 2002