Airline Management

Calendar

SES #	Topics	Key Dates
1	Course Introduction - Review of Syllabus and Subject Requirements - Introduction to Airline Planning Processes and Systems
2	Airline Economics Review - Demand and Market Share Models - Differential Pricing and Revenues
3	Operating Costs and Productivity - Components of Airline Operating Costs - Measures of Aircraft and Labor Productivity	Assignment 1 out
4	Load and Spill Analysis - Demand Stochasticity and Flight Leg “Spill Models” - Estimation of Unconstrained Demand
5	Airline Schedule Development - Network Supply Definitions and Concepts - Timetable Development Issues and Constraints
6	Passenger Choice Models - Decision Window Market Share Model - Consumer Choice of Path/Fare Options
7	Introduction to ePODS Airline Management Game - Baseline Networks and Schedules - Overview of Inputs and Outputs	Assignment 1 due
8	ePODS Work Session - Present and Discuss Baseline ePODS Results - Software Installation and Instructions
9	Fleet Assignment Optimization (Prof. Barnhart) - Incorporation of Spill and Recapture Rates - Leg Independent vs. Itinerary-based Approaches	Assignment 2 out
10	ePODS Work Session - Presentation of Round 1 Input Strategies - Results: Initial Fleet Assignment	Round 1 Game Inputs due
11	Route Planning and Network Strategies - Route Evaluation in Hub Networks - Route Profitability Estimation Issues
12	ePODS Work Session - Presentation of Round 2 Input Strategies - Results: Hub Schedule Shifts and Fleet Assignment	Round 2 Game Inputs due
13	Scheduling and Operational Constraints - Aircraft Rotations and Irregular Operations - Demand Driven Dispatch - Flexible Fleet Assignment	Assignment 2 due
14	ePODS Work Session - Presentation of Round 3 Input Strategies - Results: Route Selection and Evaluation	Round 3 Game Inputs due
15	Mid-Term Exam (In Class)
16	Airline Fleet Planning Issues - Commercial Aircraft Categories and Characteristics - Technical and Performance Characteristics - Implications for Fleet Changes in ePODS
17	AMG Work Session - Presentation of Round 4 Input Strategies - Results: Impacts of Fleet Changes	Round 4 Game Inputs due
18	Revenue Management Concept and Models - Introduction to Seat Inventory Control Process - EMSR Flight Leg Optimization
19	Overbooking Methods - Overview of Theory and Current Practice - Evolution of Probabilistic/Cost-Based Models	Assignment 3 out
20	O-D/Network Seat Inventory Control - Network Optimization Models - O-D Control Development in Practice
21	ePODS Work Session - Presentation of Round 5 Input Strategies - Results: Full-up Scheduling and Route Selection	Round 5 Game Inputs due
22	Open Session - Guest Lecture on Pricing/RM
23	Airline Pricing Structures and Strategies - Differential Pricing and Fare Restrictions - Implications for Price Changes in ePODS	Assignment 3 due
24	Airline Revenue Management Systems - Evolution of Capabilities and Current Status - Relationships to CRS and Distribution
25	ePODS Work Session - Presentation of Round 6 Input Strategies - Results: Limited Fare Modifications	Round 6 Game Inputs due
26	Summary: Airline Management Challenges - Discussion of ePODS Lessons - Relationship to Current Airline Industry Issues