Revenue Management, a Competitive Weapon in the Airline Business
“God doesn’t play dice with the universe” - Albert Einstein
This E-book contains an overview of airline Revenue Management fundamentals and its corresponding business process.
"Within the limitations imposed by its stochastic nature, the future can be, and is, affected by our present decisions. In fact, we attempt to predict the future to change that future, that is, to make decisions that will bend that future towards a more convenient future..."