Allocating Air Traffic Flow Management Slots

Lorenzo Castelli (), Raffaele Pesenti () and Andrea Ranieri ()
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Lorenzo Castelli: DEEI - University of Trieste
Andrea Ranieri: DEEI - University of Trieste

No 191, Working Papers from Department of Applied Mathematics, Università Ca' Foscari Venezia

Abstract: In Europe, when an imbalance between demand and capacity is detected for air traffic network resources, Air Traffic Flow Management slots are allocated to flights on the basis of a First Planned First Served principle. We propose a market mechanism to allocate such slots in the case of a single constrained en-route sector or airport. We show that our mechanism provides a slot allocation which is economically preferable to the current one as it enables airlines to pay for delay reduction or receive compensations for delay increases. We also discuss the implementation of our mechanism through two alternative distributed approaches that spare airlines the disclosure of private information. Both these approaches have the additional advantage that they directly involve airlines in the decision making process. Two computational examples relying on real data illustrate our findings.

Keywords: Air Transportation; Market Mechanism Design; Air Traffic Flow Management slots; Collaborative Decision Making; SESAR. (search for similar items in EconPapers)
JEL-codes: C61 C71 L93 L98 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2009-11
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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