Tag: Airline Ticket Pricing

FAS Russia questions transparency of flight ticket pricing | Realnoe Vremya

FAS Russia questions transparency of flight ticket pricing | Realnoe Vremya

The head of the Federal Antimonopoly Service (FAS) of Russia questions the fact that the pricing of flight tickets depends on automated systems ”We have definitely established that it is not automated” A careful look of the Antimonopoly Service turned to the airlines. The head of the FAS Russia, Igor Artemyev, at the ”government hour” […]

Airlines for America and the National Propane Gas Association Seek Regulation to Ensure Equal Pricing and Transportation Access for Pipeline Shippers | Business Wire

Airlines for America and the National Propane Gas Association Seek Regulation to Ensure Equal Pricing and Transportation Access for Pipeline Shippers | Business Wire

Public information indicates that crude oil, natural gas liquid, and petroleum pipelines appear to have been engaged in offering preferential, discriminatory rates to their marketing affiliates not offered to non-affiliated shippers, and shared non-public transmission information with affiliated marketing entities. Such abuses violate the Interstate Commerce Act (ICA), the law intended to ensure that common […]

American Express Global Business Travel 2018 Forecast Indicates Moderate Price Increase Across Air, Hotel and Ground Transportation | hospitalitynet

American Express Global Business Travel 2018 Forecast Indicates Moderate Price Increase Across Air, Hotel and Ground Transportation | hospitalitynet

Air: While strong demand is expected to drive airfare increases across all regions, overcapacity on certain routes, aggressive expansion by low-cost carriers (LCCs), and low oil prices will keep them in check. Full-service carriers are increasingly unbundling fares and adding premium economy seating options to entice consumers to better compete with LCCs. Hotel: Hotel performance […]

The marriage of RM & merchandising: a logical next step for airlines | EyeforTravel

The marriage of RM & merchandising: a logical next step for airlines | EyeforTravel

The notion of ‘right product, at right time and at right price’ may be something airlines understand only too well but they still aren’t getting it right. Tom Bacon has some suggestions … However, despite consensus that there is a huge new opportunity, true personalisation remains elusive. Some of the problems include: · Airlines still […]

Why airlines need to segment smarter | EyeforTravel

Why airlines need to segment smarter | EyeforTravel

At one airline, Williams’ methodology led to airline was further breaking down business and leisure into sub-segments. He identified seven such segments; four business and three leisure. Business segments included both commuters (short haul; out on Monday, back on Friday) and seasonal workers (long stays); leisure included a differentiation between weekend vacationers and weekday vacationers. […]

Surge Pricing Is Just The New Dynamic Pricing | PYMNTS.com

Surge Pricing Is Just The New Dynamic Pricing | PYMNTS.com

Surge pricing goes back ages, before it was even known by that name. Restaurants offer “early bird” discounts for diners willing to eat their meals before 6 P.M., for example. Tuesday night dinner discounts and lunch buffets are also a part of restaurant pricing history. One of surge pricing’s innovators is M. Douglas Ivester, the […]

Capping of air fares could raise prices: Government | newkerala news

Capping of air fares could raise prices: Government | newkerala news

New Delhi, Jan 6: The government on Saturday said that capping of air fares could “raise prices for the 98-99 per cent of the passengers”. The Ministry of Civil Aviation, in a statement, defended the domestic airline industry against the observations made by the Parliamentary Standing Committee on Transport which pointed to airline staff’s misbehaviour […]

Government rejects Parliamentary panel suggestion to cap airfares | India Today

Government rejects Parliamentary panel suggestion to cap airfares | India Today

The report clearly placed the onus on the Ministry of Civil Aviation to fix things. It read, “The Ministry of Civil Aviation, though aware of the rampant exploitation, is not showing any proactive role in regulating airfares. The Committee therefore recommends the Ministry of Civil Aviation to consider fixing an upper limit of fares for […]

Innovative companies have good reason to be optimistic | TTG

Innovative companies have good reason to be optimistic | TTG

The Payment Services Directive 2 changes will be important, and I have a feeling many travel companies are still undecided on their medium and long-term strategy and will watch the competition closely in a bid to give themselves the best chance to make the right strategic pricing move. Barclays’ travel customers in the luxury, adventure […]

Domestic airline industry follows global practice of dynamic pricing | Business Standard News

Domestic airline industry follows global practice of dynamic pricing | Business Standard News

Union Minister Jayant Sinha on Friday said the domestic airline industry follows the “global practice of dynamic pricing”. The Minister of State for Civil Aviation was defending the industry against the latest observations made by the Parliamentary Standing Committee on Transport which pointed to airline staff’s misbehaviour and over-pricing of air tickets. “Globally, airlines follow […]