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Recently, the standard dynamic programming model of network revenue management has been extended for integrated upgrade decision-making. However, opposed to the original model, heuristically breaking the extended model down into a series of single-leg problems by dynamic programming...
Persistent link: https://www.econbiz.de/10013035570
A simulation model of international tourist flows is used to estimate the impact of a carbon tax on aviation fuel. The effect of the tax on travel behaviour is small: A global $1000/tC would change travel behaviour to reduce carbon dioxide emissions from international aviation by 0.8%. This is...
Persistent link: https://www.econbiz.de/10003396562
Over the years, the evolution of the air transport sector has determined important changes in the tourism industry. One of the consequences of the liberalization of air transport has been the development of the "hub-and-spoke" system, used by traditional airlines in order to be more efficient in...
Persistent link: https://www.econbiz.de/10014474871
Dynamic capacity management is the reassignment of aircraft to a flight schedule in response to the realisation of demand. Through better matching of the supply and demand for seats, airlines are able to carry more passengers, and the revenue management policy should be adjusted accordingly....
Persistent link: https://www.econbiz.de/10013057991
On-demand air transportation provides passengers a convenient option flying point-to-point directly anytime at their requests. Although it's convenient to customers, this type of non-scheduled service posts great challenge to the management companies, who must serve customer demand by...
Persistent link: https://www.econbiz.de/10014027495
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This study assesses the economic importance of air transport and airport activities in Belgium in terms of employment, value added and investment over the period 2007 - 2009. The sector considered embraces not only the activities directly connected with air transport, but also all the activities...
Persistent link: https://www.econbiz.de/10011506738
This paper analyzes the effects of market structure on price dispersion in the airline industry, using panel data from 1993 through 2006. The results found in this paper contrast with those of Borenstein and Rose (1994), who found that price dispersion increases with competition. We find that...
Persistent link: https://www.econbiz.de/10003715737
We find robust evidence of a positive and significant relationship between the volumes of traffic and the degree of liberalization of the aviation market. An increase in the degree of liberalization from the 25th percentile to the 75th percentile increases traffic volumes between countries...
Persistent link: https://www.econbiz.de/10003805902