Tag: Airline Ticket Pricing

Ryanair’s Travel & Ticket: ‘A Natural Fit’ | Pollstar

Ryanair’s Travel & Ticket: ‘A Natural Fit’ | Pollstar

Flight tickets, like event tickets, are perishable goods, meaning one has a finite window to sell the complete inventory. In that regard, concert tickets are just the same as flight tickets. “Typically we’ll have a target for hitting the capacity levels of our flights. The theaters and venues should also be looking at it the […]

Air France-KLM Move to a Spend-Based Loyalty Program In 2018 | Skift

Air France-KLM Move to a Spend-Based Loyalty Program In 2018 | Skift

In some ways, that Experience Points model is an improvement over a program in which a minimum spend is additionally required to earn status. Earning top-tier status at American Airlines, by contrast, could require 100 short hop round-trip flights — assuming 1,000 miles for each journey — but also would would need $12,000 in spend. […]

British Airways Hints at Disrupting Its Loyalty Program in 2018 | Skift

British Airways Hints at Disrupting Its Loyalty Program in 2018 | Skift

The blog Ultima Llamada spotted the slide in the presentation that showed that IAG was working towards a “progressive introduction of dynamic pricing from 2018.” This means that instead of a standard award chart where travelers book a 25,000 mile domestic fare, for example, members of British Airways’ Executive Club would see award tickets priced as […]

Avios to introduce “dynamic pricing” | Business Traveller

Avios to introduce “dynamic pricing” | Business Traveller

Frequent flyer programme Avios is to move towards a “dynamic pricing” concept from next year, its parent company International Airlines Group (IAG) has confirmed. IAG announced the plans during its annual Capital Markets Day presentation, in which it said that there would be a “Progressive introduction of Dynamic Pricing from 2018”. Full details have yet […]

Having to pay for airline comfort, convenience | kelownadailycourier.ca

Having to pay for airline comfort, convenience | kelownadailycourier.ca

Economists have a high level of faith in pricing to convey information to the consumer and to influence consumer behaviour. Recently I traveled to eastern Canada and in so doing observed several cases in which pricing policy did its job – and cases where it conspicuously didn’t. For example, the Airbus 319 used on the […]

Google Shuts Off Airline Booking Tool in Search | Bloomberg

Google Shuts Off Airline Booking Tool in Search | Bloomberg

Alphabet Inc.’s Google is pulling a software tool that let small companies access search information on airfares, a potential blow to online travel newcomers. Google’s tool was opened in 2011 after its $700 million acquisition of ITA Software Inc., an online airfare broker. In approving the deal, a federal judge required that Google keep an […]

Pricer’s Points: Navigating Big Data Analytics – “What if’s” in Dynamic Pricing | Tom Bacon

Pricer’s Points: Navigating Big Data Analytics – “What if’s” in Dynamic Pricing | Tom Bacon

Dynamic pricing is highly complex – and sometimes not intuitive.  A significant increase in observed demand for a period may not actually drive a significant increase in forecast demand.  And, many times even a large increase in forecast demand for a higher fare has little or no impact on the seats set aside for that […]

The Fat Years For U.S. Airlines Are Coming to an End | Bloomberg

The Fat Years For U.S. Airlines Are Coming to an End | Bloomberg

America’s passenger carriers have discovered that it’s getting more expensive to run an airline these days. While summertime profits were fine, and travel demand remains robust, a number of airlines are facing higher bills from a variety of factors: labor contracts, significant airport renovation projects, technology spending and fleet upgrades. The increase in expenses is creeeping into 2018 […]

Hopper expands its price prediction technology to hotels, initially in NYC | TechCrunch

Hopper expands its price prediction technology to hotels, initially in NYC | TechCrunch

As it does with flights, the new version of Hopper will predict future hotel pricing and tell you when to buy or wait to get the best deal on a room rate. Hopper says its technology is 95 percent accurate up to six months in advance, so it can be used for planning trips far […]

Is This American’s Most Offensive Award Pricing Ever? | One Mile at a Time

Is This American’s Most Offensive Award Pricing Ever? | One Mile at a Time

While that’s about as many miles as American will charge for a one-way business class award, it’s not the most offensive award cost, in my opinion. Reader Jeff emailed me to share the absurd award prices that American is trying to charge between San Francisco and Los Angeles on the Sunday after Thanksgiving. Paid tickets […]