The Second Transportation Student Research Symposium
Abstract Detail
| Name | School | Title of presentation |
| Hai Jiang | MIT | Dynamic Airline Scheduling - Models and Experiments |
| Airlines have been dealing with passenger demand stochasticity for a long time. Even with an "optimized" schedule, at departure many flights would have empty seats while others would spill passengers. We develop models to re-optimize flight schedule and fleeting in the booking process to match capacity to demand. Experiments are conducted using data from a major US airline. Satisfactory improvements are achieved in profitability. Further investigation in model properties are performed and discussed. |
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