Preview Fundamentals of Airline Revenue Management and Pricing

1] Let's get started

Introduction

1.1 Evolution of ARM

1.2 Necessity of ARM

1.3 Airline Product & Distribution

Notes: Introduction

Quiz 1

2] Managing Passenger Demand

2.1 Airline Travel Demand

2.2 Demand Strategies

2.3 Market Clustering

2.4 Demand Forecasting

Notes: Managing Passenger Demand

Quiz 2

3] Pricing

3.1 Price Drivers

3.2 Airline Customer Costs

3.3 Tariff Structure

3.4 Pricing Strategies

Notes: Airline Pricing

Videos: Airline Pricing

The science behind airfare pricing

Dynamic pricing in airline industry: why flight fares constantly change

Quiz 3

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4] Seat Inventory Management

4.1 Booking Class Assignment

4.2 Nesting

4.3 Inventory Control

4.4 Spoilage Management

4.5 Group Management

Notes: Seat Inventory Management

Quiz 4

5] Network Capacity Management

5.1 Route Planning

5.2 Network Perspective

5.3 Schedule Designing

5.4 Fleet Assignment

Notes: Network Capacity Management

Quiz 5

6] Monitoring Performance

6.1 Operating Performance

6.2 KPI's

Notes: Monitoring Performance

Quiz 6

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Work Sheet (Explanation)

Worksheet Video (Masterclass)

Work Sheet

Worksheet Submission

Bonus: Podcast

Preview - Fundamentals of Airline Revenue Management and Pricing