Airline revenue planning and forecasting system and method
AssigneeEmirates
InventorsRamesh Venkat, Ramesh Anantharaman, Bhaskara Rao Guntreddy, Suraj Mohammed, Reuben Joseph
Life of this patent
Estimating the term…
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AssigneeEmirates
InventorsRamesh Venkat, Ramesh Anantharaman, Bhaskara Rao Guntreddy, Suraj Mohammed, Reuben Joseph
Estimating the term…
A system and method for estimating airline demand includes (1) accessing capacity data for a previous N years at a Point of Sale (POS) level, time period level and an Origin and Destination (O&D) level, (2) accessing flown data for a previous M years at the POS level, time period level, and O&D level, (3) accessing capacity data for a forecasting period that extends beyond a time when reservation information is available (e.g., beyond twelve months), (4) calculating at least one of actual growth factor and market growth factor, (5) deriving an effective growth based on the flown data, the capacity data for the previous N years, the capacity data for the forecasting period and the at least one of the actual growth and the market growth, and (6) generating a passenger demand forecast for a budget year based on the effective growth. The time period level is any of daily, weekly, or monthly. The capacity data includes compartment level data. The flown data includes compartment level data. A set of weighting factors may be applied to the flown data and the market data to derive the at least one of actual growth and market growth. The weighting factors may include seasonality factors. Previous year's capacity is compared to budget year capacity. In one embodiment, N=M. In some cases, N=1. Average fares (yield) for the budget year are also estimated.
A system for estimating airline demand comprising:
A system for estimating airline demand comprising:
A system for estimating airline fares comprising:
A system for estimating airline demand comprising:
A computer program product for estimating airline demand, the computer program product comprising a computer useable medium having computer program logic recorded thereon for controlling a processor, the computer program logic comprising:
A computer program product for estimating airline demand, the computer program product comprising a computer useable medium having computer program logic recorded thereon for controlling a processor, the computer program logic comprising:
A computer program product for estimating airline fares, the computer program product comprising a computer useable medium having computer program logic recorded thereon for controlling a processor, the computer program logic comprising:
A computer program product for estimating airline demand, the computer program product comprising a computer useable medium having computer program logic recorded thereon for controlling a processor, the computer program logic comprising:
A method for estimating airline demand comprising:
A method for estimating airline demand comprising the steps of:
A method for estimating airline fares comprising the steps of:
A method for estimating airline demand comprising the steps of:
Dependencies are inferred from the claim text.