Details of the Methodology
Aim
- Arrive at a schedule that maximizes Total Profit (I.e. Revenue -Costs) on a daily basis over the entire network.
Framework
- Airline operates flights to Nnode nodes using Nac aircraft.
- Passengers indicate their travel-plan in advance, and pay full Fare.
- A concession of Fcons Rs./hour in Fare is given, if the actual time-at-destination is within Ndefer hours of desired.
- Ndefer ? Flight Time between Origin & Destination.
- Flight operations spread over a specified time-span during the day.