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US 2020/0349475 A1Published application
Remapping of Flight Leg Bookings
AssigneeAmerican Airlines, Inc.
InventorsJames Fox, Marcial Lapp, Julianne Bowles, Randeep Ramamurthy, Yuxi Xiao, Daniel Muzich, Thomas Trenga
Life of this patent
Estimating the term…
Abstract
The system determines even-spaced quantiles for network optimization. The system may utilize authorization level to expected network conversion. The system may be used in connection with yield management systems, inventory control systems, or revenue management systems.
Claims20
A method comprising:
- generating, by a processor, an electronic ticket voucher having an authorization parameter and a flight leg booking based on a flight leg booking of a seat on a first flight leg of an airline flight;
- closing, by the processor, the plurality of seats for the flight leg booking in the fare class for the first flight leg;
- determining, by the processor based on a set of class authorization level (AU) values and for the fare class, a number of seat protects to fit to a bid-price curve;
- determining, by the processor and for the fare class, even-spaced quantiles based upon the number of seat protects to fit in the fare class;
- generating, by the processor, a set of expected network revenue (ENR) values based on the even-spaced quantiles associated with a seat;
- remapping, by the processor and based on a network value of the flight leg booking, the flight leg booking from the fare class to a network value class corresponding to the network value;
- iteratively updating, by the processor, the flight leg booking on the electronic ticket voucher based on at least one of the authorization parameter, the network value, the closing the plurality of seats for the flight leg booking in the fare class, the number of seat protects or the remapped flight leg booking;
- and
- adjusting, by the processor and based on the iteratively updating and based on the authorization parameter, a cost on the electronic ticket voucher to provide a different voucher amount for the passenger on the airline flights based on the latest conditions during the latest time period.
6 more elements
A non-transitory computer-readable storage medium having computer-executable instructions stored thereon that, in response to execution by a processor, causes the processor to perform operations comprising:
- generating, by the processor, an electronic ticket voucher having an authorization parameter and a flight leg booking based on a flight leg booking of a seat on a first flight leg of an airline flight;
- closing, by the processor, the plurality of seats for the flight leg booking in the fare class for the first flight leg;
- determining, by the processor based on a set of class authorization level (AU) values and for the fare class, a number of seat protects to fit to a bid-price curve;
- determining, by the processor and for the fare class, even-spaced quantiles based upon the number of seat protects to fit in the fare class;
- generating, by the processor, a set of expected network revenue (ENR) values based on the even-spaced quantiles associated with a seat;
- remapping, by the processor and based on a network value of the flight leg booking, the flight leg booking from the fare class to a network value class corresponding to the network value;
- iteratively updating, by the processor, the flight leg booking on the electronic ticket voucher based on at least one of the authorization parameter, the network value, the closing the plurality of seats for the flight leg booking in the fare class, the number of seat protects or the remapped flight leg booking;
- and
- adjusting, by the processor and based on the iteratively updating and based on the authorization parameter, a cost on the electronic ticket voucher to provide a different voucher amount for the passenger on the airline flights based on the latest conditions during the latest time period.
6 more elements
A system comprising:
- a processor;
- and
- a tangible, non-transitory memory configured to communicate with the processor,
- the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising:
- generating, by the processor, an electronic ticket voucher having an authorization parameter and a flight leg booking based on a flight leg booking of a seat on a first flight leg of an airline flight;
- closing, by the processor, the plurality of seats for the flight leg booking in the fare class for the first flight leg;
- determining, by the processor based on a set of class authorization level (AU) values and for the fare class, a number of seat protects to fit to a bid-price curve;
- determining, by the processor and for the fare class, even-spaced quantiles based upon the number of seat protects to fit in the fare class;
- generating, by the processor, a set of expected network revenue (ENR) values based on the even-spaced quantiles associated with a seat;
- remapping, by the processor and based on a network value of the flight leg booking, the flight leg booking from the fare class to a network value class corresponding to the network value;
- iteratively updating, by the processor, the flight leg booking on the electronic ticket voucher based on at least one of the authorization parameter, the network value, the closing the plurality of seats for the flight leg booking in the fare class, the number of seat protects or the remapped flight leg booking;
- and
- adjusting, by the processor and based on the iteratively updating and based on the authorization parameter, a cost on the electronic ticket voucher to provide a different voucher amount for the passenger on the airline flights based on the latest conditions during the latest time period.
10 more elements
Dependencies are inferred from the claim text.