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Managing uncertainty in on-demand air travel

Author

Listed:
  • Yang, Wei
  • Karaesmen, ItIr Z.
  • Keskinocak, PInar

Abstract

Fractional management companies (FMCs) that provide on-demand air travel services experience frequent changes in aircraft availability and flight requests. We propose scheduling heuristics which are both cost-effective and persistent (i.e., close to the original schedule) to address the uncertainty. The heuristics include pro-actively enforcing idleness of aircraft in creating the original schedule, strategically repositioning aircraft to serve yet-unknown demand and dense scheduling. Computational experiments are conducted in a simulator that mimics FMCs' daily operations. Simulation results quantify the value of each heuristic, which can be easily incorporated into existing computational methods used in FMCs for static scheduling problems.

Suggested Citation

  • Yang, Wei & Karaesmen, ItIr Z. & Keskinocak, PInar, 2010. "Managing uncertainty in on-demand air travel," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 46(6), pages 1169-1179, November.
    • Handle: RePEc:eee:transe:v:46:y:2010:i:6:p:1169-1179
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    Cited by:

    1. Sun, Xiaoqian & Wandelt, Sebastian & Stumpf, Eike, 2018. "Competitiveness of on-demand air taxis regarding door-to-door travel time: A race through Europe," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 119(C), pages 1-18.
    2. Lohmann, Gui & Vianna, Camila, 2016. "Air route suspension: The role of stakeholder engagement and aviation and non-aviation factors," Journal of Air Transport Management, Elsevier, vol. 53(C), pages 199-210.

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