Why do airline ticket prices change so much?
It’s not unusual to find one fare on Monday, a different fare on Tuesday, and a higher, or maybe lower fare, on Wednesday. I thought prices changed on a daily basis — I never realized they changed on an hourly basis!
The American Airlines’ Revenue Management team is constantly reviewing and updating fares. This video from AA explains their daunting task and how they make it all work.
Disclaimer: I own stock in AMR Corporation, the parent company of American Airlines. The total value of my holdings is less than $70.00.
|Print article||This entry was posted by HappyFlier on June 24, 2012 at 2:02 pm, and is filed under American Airlines. Follow any responses to this post through RSS 2.0. Both comments and pings are currently closed.|
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