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US 2020/0051199 A1Published application
Fare classes with obscured demand
AssigneeAmerican Airlines, Inc.
InventorsJonathan Tracy, James Fox, Julianne Bowles, Michael Costello, Daniel Muzich, Thomas Trenga
Life of this patent
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Abstract
A computer-based system for unobscuring and/or unconstraining demand is disclosed. Via use of the system, actual airline seat bookings may be restated in an unobscured and/or unconstrained form, facilitating improved demand forecasts for subsequent seat bookings. In this manner, seat protects may be better allocated to align with actual demand, thus increasing revenue.
Claims20
A method comprising:
- determining, by a processor, which fare classes in a plurality of fare classes have demand that is obscured due to an availability of seats for booking in a lower fare class in the plurality of fare classes;
- calculating, by the processor, an unobscured demand for a fare class in the plurality of fare classes;
- generating, by the processor, an unobscured demand forecast for a flight;
- and
- opening, by the processor, an additional fare class on the flight for seat bookings, based on the unobscured demand forecast.
2 more elements
Dependencies are inferred from the claim text.