How Airline Ticket Pricing Works
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- Опубликовано: 23 ноя 2020
- Many of us have spent time trying to work out the best strategies for buying airline tickets. Choosing off-peak dates, searching for flexible destinations, including stopovers, can all help. But to really understand ticket pricing, it pays to look at it from the airline’s point of view. How do they determine price, and what are the factors for changing the price?
The short answer is simply that airlines will mostly set prices to maximize revenues. But going deeper, how does this work? This video takes a look at these complex and largely hidden pricing strategies.
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If I book a flight I'll keep all this in mind thanks
So there can be 300 people on the plane and each of them will have paid a different price. 300 people and 300 ticket prices.
A follow up on price/fare errors is suitable!
I also experienced that prices drop close towards holidays if you fly in the opposite direction of everyone else.
You didnt mention the use of VPN to get better prices (for the consumer). It can drastically change the price of a ticket by changing your location to another country.
Great summary. My favorite fare is still the non-rev. Yes, you might not have a seat once in a while, but man, sitting in J class for zero is a nice feeling lol. You don't need an algorithm to explain that one 🤣
I’m afraid budget airlines will call seats “extra” and remove that.😅
Nice and interesting video as usual. But I must point out that often these videos are heavy, because they tend to make lists too long and intricate.
Wendover getting some competition 🤓
Some great info and tips and a fantastic insight into how airline pricing works and how to beat it.
Hey Long Haul Simple Flying you all can be lecturers. Anyways, I really hope you can make a video about Sustainable Fuel. Your vidoes are so good I stay up late to watch them Good Job!
Thank you for using my Delta Airlines commercial video again!
Thanks for the help
Wow....such quality content🛫🤓👍🏻
Current less restrictive rules in terms of refund and change date caused by covid19 will result into higher ticket price set with availability tuning.
Please can you make a video on how airline do research to start a new destination flights
There are rarely sales in business class, the z or I rock bottom is like 1 or 2 seats. Canada has no competition, yet try a US departure city and in US 34% exchange rate- no deal
My country have unfortunately price controls on airlines which the government said to "increase safety" and now, prices are quite high because of it
I get an airline you get 50% stake in it both simple flyings
I'm sure that airlines also factor in their need to grow and expand influence.