Dilution

Optimal timing of airline promotions under dilution (2019)

Offering promotions has become common practice in the airline industry as a strategy to boost the total revenue. An effective promotion campaign should be adequately priced and timed to attract sufficient extra demand and compensate for the markdown …

Talk: A Pricing Model To Optimize The Promotions Period In Airlines

Promotions help increment the demand for a flight. Several decisions have to be made to offer a promotion such as its price and duration. We propose a method to estimate the behavior of customer inter-arrival time distribution, his buying probability …

Talk: A Pricing Model To Optimize The Promotions Period In Airlines