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Author: | Chatwin, R. |
Title: | Multiperiod airline overbooking with a single fare class |
Journal: | Operations Research
1998 : NOV-DEC, VOL. 46:6, p. 805-819 |
Index terms: | OPERATIONAL RESEARCH AIRLINES ECONOMICS |
Language: | eng |
Abstract: | Consider a multiperiod airline overbooking problem relates to a single-leg flight and a single service class. Passengers may cancel their reservations at any time, including being no-shows at flight-time. At that time, the airline bumps passengers in excess of flight capacity and pays a penalty for so doing. The model is applied to the discount allocation problem in which lower fare classes book prior to higher fare classes. |
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