Method and system for origin-destination passenger demand forecast inference
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United States of America Patent
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Oct 12, 2004
Grant Date -
Jun 19, 2003
app pub date -
Dec 6, 2002
filing date -
Dec 14, 2001
priority date (Note) -
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Abstract
An airline origin-destination revenue management software system supports decisions to accept or deny request for booking on airline seats by comparing the fare for the request with a minimum acceptable fare predetermined by the system. In order to determine the minimum acceptable fare, the system typically solves an optimization problem that takes as input the airline's flight network schedule, fares and forecasted passenger demands for all products available for booking on the airline's flight network, and available capacity on each of the airline's scheduled flights.
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