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Optimal airline seat inventory control for multi-leg flights

  • Konstantin N. Nechval*
  • , Nicholas A. Nechval
  • , Kristine Rozite
  • , Edgars K. Vasermanis
  • *Corresponding author for this work
  • University of Latvia

Research output: Chapter in Book/Report/Conference proceedingConference paperResearchpeer-review

6 Citations (Scopus)

Abstract

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 an expected contribution to profit. The dynamic model uses the most recent demand and capacity information and allows one to allocate seats dynamically and anticipatory over time.

Original languageEnglish
Title of host publicationProceedings of the 16th IFAC World Congress, IFAC 2005
PublisherIFAC Secretariat
Pages31-36
Number of pages6
ISBN (Print)008045108X, 9780080451084
DOIs
Publication statusPublished - 2005

Publication series

NameIFAC Proceedings Volumes (IFAC-PapersOnline)
Volume16
ISSN (Print)1474-6670

Keywords

  • Aircraft
  • Data
  • Model-based control
  • Optimization
  • Transportation

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