Capacity Allocation and Revenue Sharing in Airline Alliances: A Combinatorial Auction-Based Modeling

Table 3

Result date of example.

		Airline 1	Airline 2
Alone	Revenue ($)	47775.0	124210.0
In the airline alliance	Seat capacity allocation	(75 67 44)	(72 86 53)
	Bid price/tickets selling fares ($)	125960.0	158570.0
	Payment price ($)	67030.0	72665.0
	Revenue sharing under VCG ($)	49241.5	63303.5
	Revenue sharing under traditional proportion ($)	33763.5	78781.5
	Total revenue ($)	284530.0