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Airline Revenue Management: Current Practices and Future Directions 1st ed. 2021


Airline Revenue Management: Current Practices and Future Directions 1st ed. 2021

Hardback by Cramer, Curt; Thams, Andreas

Airline Revenue Management: Current Practices and Future Directions

£27.99

ISBN:
9783658337209
Publication Date:
11 Nov 2021
Edition/language:
1st ed. 2021 / English
Publisher:
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:
Springer Gabler
Pages:
113 pages
Format:
Hardback
For delivery:
Estimated despatch 22 - 23 May 2024
Airline Revenue Management: Current Practices and Future Directions

Description

The book provides a comprehensive overview of current practices and future directions in airline revenue management. It explains state-of-the-art revenue management approaches and outlines how these will be augmented and enhanced through modern data science and machine learning methods in the future. Several practical examples and applications will make the reader familiar with the relevance of the corresponding ideas and concepts for an airline commercial organization. The book is ideal for both students in the field of airline and tourism management as well as for practitioners and industry experts seeking to refresh their knowledge about current and future revenue management approaches, as well as to get an introductory understanding of data science and machine learning methods. Each chapter closes with a checkpoint, allowing the reader to deepen the understanding of the contents covered.This textbook has been recommended and developed for university courses in Germany, Austriaand Switzerland.

Contents

Fundamentals of airline revenue management.- Traditional forecasting & optimization in revenue management.- Modern analytical methods.- Overbooking.- O&D revenue management.- Ancillary revenues.- Data-enabled airline business models and future directions in revenue management.

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