When Passengers Collide
E. Andrew Boyd
Chapter Chapter 5 in The Future of Pricing, 2007, pp 57-65 from Palgrave Macmillan
Abstract:
Abstract The rationale behind hub-and-spoke flight networks is simple enough. There may not be enough people wanting to fly from Spokane, Washington, to Fargo, North Dakota, to warrant a daily flight. However, there may be plenty of people who want to fly to Fargo from somewhere in the United States. If they’re all gathered at one location and flown to Fargo together, the flight from this hub city to Fargo can be filled.
Keywords: Opportunity Cost; Inventory Level; Reservation System; Revenue Management; Fare Class (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60690-6_5
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DOI: 10.1057/9780230606906_5
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