Zhang, GuoquanGuoquanZhangDr. LAW Chi Hang, ColinColinDr. LAW Chi HangZhang, YahuaYahuaZhangYang, HangjunHangjunYang2024-03-192024-03-192021In Vickerman, R. (Ed.). 2021. International encyclopedia of transportation. (pp.404-408). Elsevier.9780081026724http://hdl.handle.net/20.500.11861/9083This chapter introduces the concept of price discrimination and explores how a new airline business model enhances the practice of price discrimination in the Australian airline market. Based on the idea of price discrimination, airlines apply yield management to capture high-yield passengers and at the same time to fill the aircraft with price-sensitive passengers to avoid the flight departing with too many empty seats. This history, recent development, and approaches of airline yield management are presented in this chapter.enBook Chapter10.1016/B978-0-08-102671-7.10077-6