Flight pass is a new concept in which airline passengers pre-purchase a number of flights for a flat fee. We propose a data-driven modeling framework that determines the value of each option per flight and that, consequently, estimates the recommended flight pass price. Second, the flight pass prices are predicted using a Monte-Carlo simulation.
Collected and summarized from the source below by Minh Pham https://db.vista.gov.vn:2095/science/article/pii/S2352146518306070