Abstract
The airline spill model is a fundamental building block for yield management. Spill model measures and various applications of the airline spill model are discussed. Spill models based on the normal distribution (Boeing Spill Model) and gamma distribution are reviewed for the coach cabin. Based on the higher degree of uncertainty of demand for premium cabins, alternate spill models are proposed to estimate spilled passengers and flight closing rates.
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Vinod, B. (2021). The Airline Spill Model. In: The Evolution of Yield Management in the Airline Industry. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-030-70424-7_3
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DOI: https://doi.org/10.1007/978-3-030-70424-7_3
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