Travel
I have heard people say they think airlines set airfares by throwing darts at target prices on a wall. It is actually much more complicated than that.
"Every airline employs a cadre of fare revenue managers. These are the folks who adjust airfares throughout the day, depending on route, season, demand, supply and other factors. They're a notoriously tight-lipped bunch, but, on condition of anonymity, we got one to explain how the fare game works."
Confessions of an Airline Revenue Manager
- Explaining Airline Fare Codes
Did you know that the price of your airplane ticket will be dependent upon which booking code you book your flight under? Booking codes, booking classes or fare classes, the terms mean the same thing. It specifies the rules for an airline's fare....
- How Many Seats Are Left On The Plane?
Booking codes, booking classes or fare classes, the term means the same thing. It specifies the rules for an airline's fare. Booking codes vary by airline and are specific to individual airlines. A rough guide is: F: first class J: business class...
- Surprise: Airline Ticket Prices Have Fallen 50% In The Last 30 Years - The Atlantic
Surprise: Airline Ticket Prices Have Fallen 50% in the Last 30 Years - The Atlantic All on Delta, all non-stop out of Atlanta to Aruba- our recent experiences with prices July 2012 $453 (booked 2 months out) Christmas & New Year's 2007 $850 (booked...
- Why Do Airfares Fluctuate?
Below is one of the best explanations I have found regarding airfare pricing as set by the airlines. Why do airfares fluctuate over time? "It's called yield management. The airlines have it down to an art form. The objective is to get the most amount...
- Is There A Best Day Of The Week To Book Airfare?
Is there a best day of the week to book airfare? By Jessica Labrencis, SmarterTravel.com "There's a bit of an urban legend that certain times of the day are better than others for booking airfare. This doesn't hold up to scrutiny, but there are...
Travel
How the Air Fare Game Works
"Every airline employs a cadre of fare revenue managers. These are the folks who adjust airfares throughout the day, depending on route, season, demand, supply and other factors. They're a notoriously tight-lipped bunch, but, on condition of anonymity, we got one to explain how the fare game works."
Confessions of an Airline Revenue Manager
- Explaining Airline Fare Codes
Did you know that the price of your airplane ticket will be dependent upon which booking code you book your flight under? Booking codes, booking classes or fare classes, the terms mean the same thing. It specifies the rules for an airline's fare....
- How Many Seats Are Left On The Plane?
Booking codes, booking classes or fare classes, the term means the same thing. It specifies the rules for an airline's fare. Booking codes vary by airline and are specific to individual airlines. A rough guide is: F: first class J: business class...
- Surprise: Airline Ticket Prices Have Fallen 50% In The Last 30 Years - The Atlantic
Surprise: Airline Ticket Prices Have Fallen 50% in the Last 30 Years - The Atlantic All on Delta, all non-stop out of Atlanta to Aruba- our recent experiences with prices July 2012 $453 (booked 2 months out) Christmas & New Year's 2007 $850 (booked...
- Why Do Airfares Fluctuate?
Below is one of the best explanations I have found regarding airfare pricing as set by the airlines. Why do airfares fluctuate over time? "It's called yield management. The airlines have it down to an art form. The objective is to get the most amount...
- Is There A Best Day Of The Week To Book Airfare?
Is there a best day of the week to book airfare? By Jessica Labrencis, SmarterTravel.com "There's a bit of an urban legend that certain times of the day are better than others for booking airfare. This doesn't hold up to scrutiny, but there are...