Scheduling and Capacity Adjustments

Pricing, inventory control, and scheduling are three departments that form a revenue management triangle. Scheduling is another means of matching consumer demand with supply. A carrier's departure schedule defines its core product and is a key determinant of its profitability. The first section in this module looks at the scheduling process as a whole. It considers its importance, the complexity involved and provides an overview of what occurs in the long-, medium- and short-term at different levels in the organisation. In the second section, we focus on the medium-term planning phase and consider the goals and challenges of schedule design and fleet assignment. This third section looks at the short-term management of the current schedule. This includes any ad hoc departure cancellations or other capacity adjustments that are needed closer to departure.