The competition between airlines and high-speed trains
Jun 15, 2018 | Science Daily
Professor Vikrant Vaze is part of a team of researchers that developed a model to optimize the decision making of airlines against their competitors.
"A team of researchers," writes ScienceDaily, "has developed a mathematical model that assesses the competition between airlines, both legacy and low-cost airlines, and high-speed trains. This new approach is able to estimate the modal distribution of passenger demand, optimize fleet assignment and generate flight schedule. This math tool provides valuable and useful information that will help airlines to efficiently face the competition of high-speed trains."