IDEAS home Printed from https://ideas.repec.org/a/eee/ejores/v314y2024i1p32-50.html
   My bibliography  Save this article

Competitive integrated airline schedule design and fleet assignment

Author

Listed:
  • Xu, Yifan
  • Adler, Nicole
  • Wandelt, Sebastian
  • Sun, Xiaoqian

Abstract

Airline profits are significantly influenced by competitive timetables that match passenger demand to fleet resources. In this research, we develop an integrated, mixed-integer optimization model to derive a comprehensive flight schedule, fleet assignment, and average airfares jointly. Passenger choice behavior is incorporated through a prospect theory-adjusted, nested, multinomial logit model which estimates market share. The competitive fleet assignment and schedule design (CFSD) formulation is embedded in a differentiated Bertrand game, such that each transport operator optimizes their best response function connected through the market share model. To solve the integrated optimization problem efficiently, a hybrid algorithm is developed that combines stabilized column generation with a large neighborhood search algorithm.

Suggested Citation

  • Xu, Yifan & Adler, Nicole & Wandelt, Sebastian & Sun, Xiaoqian, 2024. "Competitive integrated airline schedule design and fleet assignment," European Journal of Operational Research, Elsevier, vol. 314(1), pages 32-50.
    • Handle: RePEc:eee:ejores:v:314:y:2024:i:1:p:32-50
    DOI: 10.1016/j.ejor.2023.09.029
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0377221723007452
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ejor.2023.09.029?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:314:y:2024:i:1:p:32-50. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.