Method and system for origin-destination passenger demand forecast inference
US6804658B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 6, 2002 |
| Grant date | Oct 12, 2004 |
| Priority date | — |
| Expiry date | Dec 6, 2022 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0202
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
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.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.