Continuous-time dynamic network yield management with demand driven dispatch in the airline industry Academic Article uri icon


  • This study integrates the airlines dynamic network yield management and demand driven dispatch. In this problem, the final fleet assignment is determined by the accepted bookings. The objective is to develop a policy for acceptance/rejection of booking requests to maximize the total expected revenue less operational cost. This paper simultaneously makes optimal dynamic yield management and fleet assignment decisions. In addition, it investigates a special popular practical instance in North America in which the a priori fleet assignment imbeds aircraft swap opportunities. An approximate dynamic method is specially proposed for it, and numerical results demonstrate its strong applicability. 2008 Elsevier Ltd. All rights reserved.

published proceedings

  • Transportation Research Part E: Logistics and Transportation Review

altmetric score

  • 3

author list (cited authors)

  • Wang, X., & Meng, Q.

citation count

  • 30

complete list of authors

  • Wang, Xiubin||Meng, Qiang

publication date

  • November 2008