Fleeting with Passenger and Cargo Origin-Destination Booking Control

Rivi Sandhu () and Diego Klabjan ()
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Rivi Sandhu: Department of Mechanical and Industrial Engineering, University of Illinois at Urbana-Champaign, Urbana, Illinois 61801
Diego Klabjan: Department of Mechanical and Industrial Engineering, University of Illinois at Urbana-Champaign, Urbana, Illinois 61801

Transportation Science, 2006, vol. 40, issue 4, 517-528

Abstract: In tactical planning of an airline, fleeting or capacity planning is the process of assigning an equipment type to each flight. The existing fleeting models take into account only passenger flow while completely ignoring cargo traffic. We propose a fleeting model that captures both passenger and cargo revenue. In addition, the model integrates fleeting and a bid price based origin-destination (O-D) revenue management approach. We use Benders decomposition to solve the model. We give extensive computational experiments on data obtained by a major carrier.

Keywords: airline fleeting; revenue; Benders decomposition (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:40:y:2006:i:4:p:517-528

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