Tag: Competitor’s Pricing

What Individual Fare Pricing Means to Travel Agents | Travel Market Report

What Individual Fare Pricing Means to Travel Agents | Travel Market Report

The travel industry continues to talk about the advent of the IATA New Distribution Capability (NDC) and the concept of “dynamic pricing,” defined as the ability to price an airline service based on the known characteristics of the consumer seeking the service. Sometimes the “conversation” conflates NDC with artificial intelligence (AI) and excitedly predicts the […]

Airlines yet to remove dynamic pricing on tickets for city passengers | Times of India

Airlines yet to remove dynamic pricing on tickets for city passengers | Times of India

“Since the airlines are not allowed to operate on full passenger capacity due to load penalty, they had this dynamic pricing system. Passengers booking at the last moment will have to cough up more fare than the actual one. We request the airlines to remove the dynamic pricing system as load penalty is over at […]

Price intelligently to stop food wastage | Khaleej Times

Price intelligently to stop food wastage | Khaleej Times

So, let’s see how. Empirical data proposes that 70 per cent of all food delivery or take-out orders are placed using mobile. This is because mobile telephones are the most preferred means for browsing the Internet. Statistics show that despite the increase in the number of mobile phone users globally, these devices are being used […]

Can You Guess Which US Airline Is the Worst? | MoneyWise

Can You Guess Which US Airline Is the Worst? | MoneyWise

Each day, tens of thousands of commercial flights crisscross America’s skies, and passengers on board those planes can have vastly different flying experiences. The seats can be relatively roomy and comfortable — or cramped and feel like you’re sitting on upholstered cement. You might pay one fairly inclusive price, or find your low fare comes […]

Consumer Catch-up: Southwest ticket sales, Tesla refunds, computer car parts | abc7news.com

Consumer Catch-up: Southwest ticket sales, Tesla refunds, computer car parts | abc7news.com

Customers want Model 3 refunds When Tesla announced its lower priced Model 3, hundreds of thousands of pre-orders flooded in. Now many consumers are asking for their money back. A third party look at the pre-orders shows 23 percent have been refunded. The company told the website Recode that number is incorrect, but doesn’t say […]

American Airlines warns of fare increases if oil remains high | Reuters

American Airlines warns of fare increases if oil remains high | Reuters

SYDNEY (Reuters) – American Airlines <AAL.O> warned airline passengers may eventually face higher ticket prices if oil prices remain high, prompting carriers to remove seats from the market. Oil prices have risen around 50 percent compared to the levels seen last year and that is putting pressure on airline profits. “If it becomes clear this […]

Lufthansa Cleared in Airfare Price Increase Investigation | AirlineGeeks.com

Lufthansa Cleared in Airfare Price Increase Investigation | AirlineGeeks.com

The allegations indicated that Lufthansa increased the price of tickets on domestic routes and was able to do so because of a lack of competition. A case was opened with the German government that led to an investigation of the airline. Throughout the government’s investigation, 412 flights were analyzed on 13 routes for a period […]

New study on air fares reveals that airport charges don’t determine ticket prices | Airport World Magazine

New study on air fares reveals that airport charges don’t determine ticket prices | Airport World Magazine

Competition on routes holds the key ACI Europe president and CEO of Munich Airport, Dr Michael Kerkloh, commented: “The study spells it out very clearly that the underlying demand and the level of competition between airlines on any given air route are the key determinants of air fares. “This means that airlines will always aim […]

Why Alaska Airlines’ Basic Economy Fare Will Be Better Than Most | Travel + Leisure

Why Alaska Airlines’ Basic Economy Fare Will Be Better Than Most | Travel + Leisure

Alaska Airlines will join the other major U.S. airlines and introduce basic economy fare later this year — however it’s not nearly as bad as it could be. Alaska Airlines’ “Saver Fare” will make it the fourth major airline in the country to introduce basic fares (after American, Delta and United). But Alaska’s version of […]

Ask the Trade: Has Brexit influenced where and how people are spending money? | Cycling Industry News

Ask the Trade: Has Brexit influenced where and how people are spending money? | Cycling Industry News

Paul Thrupp, Cycling 2000 Not at this stage, but long-term our pricing and trading agreements with suppliers, as well as availability, may change where we source product. Richard Sault, Salt Dog Cycling As more of a bike accessories shop, not really. Looking around the trade shows and talking within the industry I think, bike-wise at […]