4 ms·
Wendover Productions has a great overview of airfare pricing: https://www.youtube.com/watch?v=72hlr-E7KA0 https://www.youtube.com/watch?v=72hlr-E7KA0 My unders
by piperswe 3y ago
Wendover Productions has a great overview of airfare pricing: https://www.youtube.com/watch?v=72hlr-E7KA0 https://www.youtube.com/watch?v=72hlr-E7KA0
My understanding is that on most airlines, for a given route and fare class, you should expect a consistent price. Fare class is determined by stock available and a few extra inputs like trip length.
- godelski 3y agoI'm not quite sure what you wanted me to take from that. First off, it's the best case where there's a high competition. I mean it is a YouTube video and it starts by stating how people spend their entire lives figuring out pricing, so of course it's not going to talk about everything they do in the fine grained nuance. Second, there's another name for price matching: collusion. It's usually indicative of a unfair market and he goes on a tangent for this. Then the next section he called the previous section "micro". Clearly he's not talking about dynamic pricing on a sub day interval. It was a nice video and I learned some things but I'm not sure how its contents are relevant to the conversation. Doesn't prove or disprove anything. Well... it does demonstrate some ways airlines are anti-competitive but that's not what's being talked about here