Quantifying Revenue and Profit Impact of Retiming Flights While Taking Into Consideration Non-Linear Ramifications and Constraints

A system, comprising:

• a memory unit for storing a computer program for quantifying the revenue and profit impact of retiming flights;
• and
• a processor coupled to said memory unit, wherein said processor, responsive to said computer program, comprises:
• circuitry for receiving a flight schedule for a plurality of airlines;
• circuitry for receiving a new departure time and a new arrival time for a retimed flight;
• circuitry for determining a set of existing origin-destination itineraries that can still be served by said retimed flight;
• circuitry for determining a set of existing origin-destination itineraries that can no longer be served by said retimed flight;
• circuitry for determining a set of new origin-destination itineraries that can now be served by said retimed flight;
• circuitry for computing a total demand revenue in each active origin-destination market without said retimed flight, wherein said active origin-destination market corresponds to said set of existing origin-destination itineraries that can still be served by said retimed flight, said set of existing origin-destination itineraries that cannot be served by said retimed flight, and said set of new origin-destination itineraries that can now be served by said retimed flight;
• circuitry for re-computing a quality of service value for itineraries that can be served by said retimed flight, wherein said quality of service value corresponds to a value proportional to a quality of service of a flight from a passenger's perspective;
• circuitry for discarding itineraries corresponding to quality of service values below a threshold;
• circuitry for storing itineraries corresponding to quality of service values above said threshold, wherein said stored itineraries form a new set of origin-destination itineraries using said retimed flight;
• circuitry for computing a total demand revenue using said new set of origin-destination itineraries using said retimed flight;
• and
• circuitry for computing a difference between said computed total demand revenue in each active origin-destination market without said retimed flight and said computed total demand revenue using said new set of origin-destination itineraries using said retimed flight.

A computer program product embodied in a computer readable medium for quantifying the revenue and profit impact of retiming flights, the computer program product comprising the programming steps of:

• receiving a flight schedule for a plurality of airlines;
• receiving a new departure time and a new arrival time for a retimed flight;
• determining a set of existing origin-destination itineraries that can still be served by said retimed flight;
• determining a set of existing origin-destination itineraries that can no longer be served by said retimed flight;
• determining a set of new origin-destination itineraries that can now be served by said retimed flight;
• computing a total demand revenue in each active origin-destination market without said retimed flight, wherein said active origin-destination market corresponds to said set of existing origin-destination itineraries that can still be served by said retimed flight, said set of existing origin-destination itineraries that cannot be served by said retimed flight, and said set of new origin-destination itineraries that can now be served by said retimed flight;
• re-computing a quality of service value for itineraries that can be served by said retimed flight, wherein said quality of service value corresponds to a value proportional to a quality of service of a flight from a passenger's perspective;
• discarding itineraries corresponding to quality of service values below a threshold;
• storing itineraries corresponding to quality of service values above said threshold, wherein said stored itineraries form a new set of origin-destination itineraries using said retimed flight;
• computing a total demand revenue using said new set of origin-destination itineraries using said retimed flight;
• and
• computing a difference between said computed total demand revenue in each active origin-destination market without said retimed flight and said computed total demand revenue using said new set of origin-destination itineraries using said retimed flight.