CNN’s Richard Quest has an interesting 10-minute video on the science behind airfare pricing. As we all know, airline fares often seem random as one day they are X and the next they are XX. They sometimes even change by the minute. To learn the truth behind airfares, their “fare buckets” and why airlines would rather have an empty seat fly than discount a fare, see this video.
Video: The Science Behind Airfare Pricing
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