Patents Assigned to FlightTime Corporation
  • Dynamic-risk pricing for air-charter services
    Publication number: 20010044788
    Abstract: The invention provides a system and method for dynamically pricing charter air charter services. The invention receives information regarding a traveler's itinerary, develops a demand forecast, matches the demand and dynamically adjusts pricing based upon the received information. The invention also provides a series of methodologies that minimize flight costs through efficient excess capacity allocation, demand modeling, forecasting and matching techniques.
    Type: Application
    Filed: March 12, 2001
    Publication date: November 22, 2001
    Applicant: FlightTime Corporation
    Inventors: Ramazan Demir, David E. McCown, Robert H. McBride, Fatih Usta, John W. Scott