SYSTEM AND METHOD FOR AIRLINE PURCHASING PROGRAM MANAGEMENT
First Claim
Patent Images
1. A contract optimization method comprising the steps of:
- accepting client historical data;
receiving airline data from a travel information provider;
performing a capacity analysis to determine historical expenditures of a corporation by airline compared with revenue potential for each airline;
calculating an amount of expenditures that can be covered by different airline combinations;
receiving a choice of a particular city pair from a client;
analyzing a price per segment paid for said city pair;
identifying an amount of expenditure flown on other airlines in said city pair;
performing a shift analysis to determine a maximum amount of revenue that can be shifted to an airline; and
deriving contract terms and conditions to optimize expenditure.
3 Assignments
0 Petitions
Accused Products
Abstract
A method and system for air carrier contract management and optimization is disclosed. In particular, a system is described that facilitates travel contract optimization by generating contract terms and conditions desirable for optimizing client expenditure. Once the contract terms and conditions are determined, a yield management system facilitates compliance with contract terms and conditions by generating and providing selling instructions to booking systems to facilitate compliance with contract terms by travelers. Booking activity is provided back to yield management system to update contract compliance system and to revise selling instructions accordingly.
-
Citations
15 Claims
-
1. A contract optimization method comprising the steps of:
-
accepting client historical data;
receiving airline data from a travel information provider;
performing a capacity analysis to determine historical expenditures of a corporation by airline compared with revenue potential for each airline;
calculating an amount of expenditures that can be covered by different airline combinations;
receiving a choice of a particular city pair from a client;
analyzing a price per segment paid for said city pair;
identifying an amount of expenditure flown on other airlines in said city pair;
performing a shift analysis to determine a maximum amount of revenue that can be shifted to an airline; and
deriving contract terms and conditions to optimize expenditure.
-
-
2. A contract optimization system comprising:
-
a computer server and database system further comprising;
a first module configured to facilitate a capacity analysis, wherein said capacity analysis is configured to provide historical expenditures of a corporation by airline compared with each revenue potential for each airline;
a second module configured to facilitate a shift analysis, wherein said shift analysis determines a maximum amount of revenue that is capable of being shifted to an airline; and
a third module configured to facilitate a savings analysis which estimates a level of savings and overall effective discount of each supplier contract.
-
-
3. An airline contract management system comprising the steps of;
-
receiving historical travel data related to a corporation;
receiving airline data from a travel information provider;
performing a capacity analysis to determine historical expenditures by airline compared with revenue potential for each airline;
analyzing an amount of expenditures that can be covered by different airline combinations;
receiving a choice of a particular city pair by user;
analyzing a price per segment paid for said city pair;
identifying an amount of expenditure flown on other airlines in said city pair;
performing a shift analysis to determine a maximum amount of revenue that can be shifted between airlines;
evaluating contract terms and conditions to optimize expenditure;
assimilate said terms and conditions into a yield management system which generates selling instructions;
communicating said selling instructions to a booking system to facilitate contract compliance;
receiving booking activity information from said booking system; and
revising selling instructions according to said booking activity. - View Dependent Claims (4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
-
Specification