Loading...

How airlines price today from venynx's blog

advertisement
Today, airlines price tickets "as much as the customer and market will bear," according to consultant and former airline planning executive Robert W. Mann.

Airlines also profile their customers to help them adjust prices.東京から重慶航空券

This often means placing passengers into one of two groups: leisure or business. And the way each group is priced is very different.
Leisure passengers usually book months in advance, so airlines tend to start the prices for these seats relatively high. It then adjusts the prices according to market response.

For typical business routes, airlines will start with low prices to fill a minimum capacity, then increase prices steeply as corporate passengers tend to book last minute.

What ticket prices aren't actually focused on is a ticket's combined cost, including taxes and fuel. According to Mann, it's technology that determines the price you see online instead.

"Technology has allowed some airlines to create a 'basic economy fare' with limited amenities to compete with minimal service, low cost carriers," he said.

That's because the lower fare allows full-service carriers to appear on the first page of search engines such as Google Flights.

But it's not just airlines that are using artificial intelligence (AI) technology to their advantage.

Previous post     
     Next post
     Blog home

The Wall

No comments
You need to sign in to comment

Post

By venynx
Added Oct 24

Rate

Your rate:
Total: (0 rates)

Archives

advertisement

Promoted contents

advertisement

Upcoming events

Anarkali Dresses Is Best Wedding Wear Collection
Anarkali dress is most popular Salwar suits in India. Order online latest anarkali salwar kameez and...
United India Insurance Company Limited
The United India Insurance Company is India's 2nd largest general insurance company. It was establis...

Ads

No Content

Promoted contents

advertisement

Upcoming events

Anarkali Dresses Is Best Wedding Wear Collection
Anarkali dress is most popular Salwar suits in India. Order online latest anarkali salwar kameez and...
United India Insurance Company Limited
The United India Insurance Company is India's 2nd largest general insurance company. It was establis...

Ads

No Content