Tag: Airline Ticket Pricing

Airlines could set airfare based on your income | Yahoo Finance

Airlines could set airfare based on your income | Yahoo Finance

Nailing down the cheapest airfare can be tough. Prices are based on a handful of factors, including route, date and demand, so they are always in flux. Now airlines might start looking at new ways to determine airfare, like your income. This month Sen. Chuck Schumer, (D-N.Y.) warned that some major airlines want to collect […]

Big airlines that launched basic economy fares rank below Southwest Airlines in survey | LA Times

Big airlines that launched basic economy fares rank below Southwest Airlines in survey | LA Times

For good reason. Four in 10 travelers surveyed by Consumer Reports said they chose their airline primarily based on price. Although American, United and Delta have all reported generating strong revenues from the sale of basic economy seats, the survey found that all economy flights got low scores for seat comfort and legroom, with nearly […]

AI Is Fast Disrupting The Travel Industry. Here’s How. | Analytics India

AI Is Fast Disrupting The Travel Industry. Here’s How. | Analytics India

Dynamic Pricing And Forecasting This point ties in with recommendation. While OTAs make recommendations based on various factors, the most important factor is affordability. To keep a track of these changing prices and suggest the best price to a customer, AI can come handy. It forecasts where travellers would want to go and accordingly present […]

A Southwest Airlines Executive Just Insulted United and American. Here’s Why Southwest Customers Will Love It | Inc.com

A Southwest Airlines Executive Just Insulted United and American. Here’s Why Southwest Customers Will Love It | Inc.com

For example, whether the airline would start flying to Europe. (The answer was no, which strikes me as wise.) But then he lurched onto Basic Economy. This, which I prefer to call Sub-Cattle Class, consists of the (allegedly) cheapest fare offerings that are so unbundled that you’re surprised to get a seat cushion. Different airlines have […]

Can Airlines Use the Internet to Offer Discriminatory Pricing? | Travel Market

Can Airlines Use the Internet to Offer Discriminatory Pricing? | Travel Market

This past weekend, Schumer called the airlines’ ability to mine more data “Big Brother meets Big Business,” and said “it is a frightening combo for already-price-badgered airline travelers.” “The airlines have already monetized every single inch of the plane: smaller seats, less food, charges for carry-ons, and so the thought that they or others within […]

Consumer groups applaud U.S. Senator Susan Collins for supporting airfare transparency | eTurboNews (eTN)

Consumer groups applaud U.S. Senator Susan Collins for supporting airfare transparency | eTurboNews (eTN)

Leading consumer and business travel advocacy organizations, including Air Travel Fairness, the Business Travel Coalition (BTC), The Travel Technology Association (Travel Tech), Travelers United and the European Technology and Travel Services Association (ETTSA), are thanking U.S. Senator Susan Collins of Maine for her leadership in promoting airfare transparency and competition necessary for travelers to be […]

Airline anguish: Ticket prices could soar for some with ‘Big Brother-like’ tactics | Fox Business

Airline anguish: Ticket prices could soar for some with ‘Big Brother-like’ tactics | Fox Business

“Big Brother” could be taking to the skies across America, causing airline ticket prices to soar for some passengers – and fall for others – as major carriers eye a new pricing platform. However, in a letter to the Federal Trade Commission (FTC), Sen. Chuck Schumer (D-NY) called for an investigation into ways airlines could […]

Schumer wants probe into airlines’ new scheme for setting fares | NY Daily News

Schumer wants probe into airlines’ new scheme for setting fares | NY Daily News

Sen. Chuck Schumer is calling for a federal investigation into airlines mining personal data in order to charge higher fares to certain customers. Schumer (D-N.Y.), the Senate minority leader, warned of “dynamic pricing” software airlines are developing — which could track the websites a potential flier has visited and figure out details like their income […]

Cheap flights a thing of the past? Airlines introduce ‘dynamic pricing’ | news.com.au

Cheap flights a thing of the past? Airlines introduce ‘dynamic pricing’ | news.com.au

AIRLINES already vary the prices of their flights based on when you book and how many searches you have done. But companies could soon tailor their flight prices depending on how much money you have — called “dynamic pricing”. It’s easy to glean a lot of information about a person online — using things like […]

Airlines’ Latest Sneaky Trick: Charging Passengers According to Who They Are, Not Where They’re Flying | Inc.com

Airlines’ Latest Sneaky Trick: Charging Passengers According to Who They Are, Not Where They’re Flying | Inc.com

Yes, even more than they do now, if you’re flying in economy. You see, the airlines have realized that technology can personalize so much. So, as Travel Weekly reports, they’re looking at so-called dynamic pricing and wondering whether to take it to personalized extremes. The idea is to use tech that personally identifies everyone who comes […]