Airline revenue management: an overview of OR techniques 1982-2001

Abstract

With the increasing interest in decision support systems and the continuous advance of \ncomputer science, revenue management is a discipline which has received a great deal of \ninterest in recent years. Although revenue management has seen many new applications \nthroughout the years, the main focus of research continues to be the airline industry. \nEver since Littlewood (1972) first proposed a solution method for the airline revenue \nmanagement problem, a variety of solution methods have been introduced. In this paper \nwe will give an overview of the solution methods presented throughout the literature.