MIT: Independent Activities Period: IAP

IAP 2014

Finding the Lowest Airfares -- Understanding Airline Pricing and Distribution

Dr. Peter Belobaba, Principal Research Scientist, Program Manager, MIT Global Airline Industry Program

Jan/13 Mon 01:00PM-02:30PM , Room 33-206

Enrollment: Unlimited: No advance sign-up

Why is airline pricing so complicated and why do airline fares change so often? This talk explains the theory and practice of airline pricing and revenue management -- how airlines determine prices and how many seats to sell at each price. The links between these models and internet distribution channels provide insights into the search for the best fares and itineraries.

Sponsor(s): Aeronautics and Astronautics
Contact: Marie Stuppard, 33-202, x3-2279,