Revenue Management Research On Airline Group Passenger

Group passenger revenue management is one content of airline revenue management,especially in Asian where group accounting for a large proportion of passenger. But the research on it is inadequate. How to allocation of space and reasonably priced for the group is a big problem that the airline faced nowaday.In order to improve group passengers reveue management approach, we using a combination of qualitative and quantitative methods to study group revenue management. First, the yield management theory are described and the characteristics of group revenue management are analyzed.Second, introduce the concept of perishable goods, established a group passengers discount factor model, Then presents a dynamic programming-based control model of a single-flight team, Applications tested the model to arrive at the credibility of the method, and a detailed analysis of examples to illustrate the validity of the model. Then presents a round-trip flight control model of dynamic class. Third, for the relevant aspects of revenue management team, are set forth in order to achieve efficient use of the team, and ultimately further enhance the flight benefits.