Title: Commercial and Operations Planning Models in Airlines
Speaker: Dr. Ankur Garg
Day, Date and Time: Thursday, Jan 27,2022, 6:00 p.m.
Abstract: Given the high fixed costs and expensive resources, the airlines have a critical need for optimal planning such that they can serve the demand with the right value proposition (flight frequency, timings, aircraft type) and utilise their resources (aircraft, crew, ground staff) to optimal levels. Operations Research models are extensively used in various commercial and operations planning phases of airlines. Starting with flight schedule design, the mixed integer programing models have been formulated for optimal fleet assignment and aircraft rotations for commercial planning. On the operations front, the crew scheduling and ground staff scheduling models are prime instances of integer programming application. This talk provides a quick overview of different planning phases and associated OR models used in the airlines industry.
About the Speaker: Ankur Garg works as Chief Commercial Officer at the airline AirAsia India where he is responsible for network planning, revenue management, ancillary and cargo revenue, sales & distribution, marketing, customer support and corporate affairs. Prior to this, Ankur worked as Vice President - Revenue Management with IndiGo. Ankur is a B. Tech in Product & Industrial Engineering from IIT Delhi and PGDM from IIM Ahmedabad. A combination of his interest in real-life application of Operations Research and his experience in the aviation industry prompted him to successfully complete his PhD in Operations Management from IIM Lucknow.
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