In fact almost every business that utilizes revenue management is working with fixed capacities number of customers in comparison to many businesses using revenue management air cargo serves a limited number of customers dealing with large numbers of customers simplifies the process of pricing according to supply and demand. Get this from a library risk management in the air cargo industry revenue management capacity options and financial intermediation paul hertwig philipp rau this paper discusses risk management approaches in the air cargo industry it gives a concise overview of developments business practices and complexities of the air cargo industry and draws . Upon completion of this course you will be able to describe an overview of the air cargo industry in regards to revenue steering and optimization understand the revenue management role and its principals identify revenue management systems and performance monitoring explain overbooking factors . Based on that approaches to mitigate risk are studied the work elaborates on the historically grown research field of revenue management and puts emphasis on the discipline of overbooking in the air cargo sector capacity options and financial intermediation are presented as more innovative approaches for capacity risk management. This report which i hope to be a useful contribution to the research in air cargo revenue management acknowledgements this thesis has been a tremendous opportunity for me to get a look behind the scenes in the air cargo industry without the help of many people producing this thesis would not have been possible
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