Wang, Xiaojia; Fung, Richard Y.K. - In: Transportation Research Part E: Logistics and … 70 (2014) C, pp. 146-162
In the context of parallel alliances, this paper proposes and describes an option-based mechanism that allows an airline to transfer bumped passengers to its alliance partner’s flight. The objective of this mechanism is to reduce the overbooking risk borne by the allied airlines. An analytical...