Airline Sales Forecasting and Budgeting Tool
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United States of America Patent
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Issued Date -
Dec 24, 2015
app pub date -
Jun 19, 2015
filing date -
Jun 20, 2014
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Abstract
A computer-implemented method is provided for forecasting passengers for a given carrier in a given market. The method includes: receiving an expected percentage change in market share for a given itinerary of the carrier during a future time period; receiving a quantity of passengers transported by the carrier via the given itinerary during a preceding time period; determining a percentage change in quantity of passengers in the given market during the future time period; and determining a forecasted quantity of passengers transported by the carrier during the future time period as a function of the quantity of passengers transported by the carrier via the given itinerary during a preceding time period, the expected percentage change in market share for the given itinerary during a future time period and the percentage change in quantity of passengers in the given market during the future time period.
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