4 ms·
This doesn't translate into lower ticket prices?
by jakogut 3y ago
This doesn't translate into lower ticket prices?
- M95D 3y agoOnly lower demand could potentially translate into lower ticket prices. Why would a company lower prices (and profit) if people fly anyway at current prices?
- PaulHoule 3y agoSee https://en.wikipedia.org/wiki/Effect_of_low-cost_airlines_on_communities https://en.wikipedia.org/wiki/Effect_of_low-cost_airlines_on...
- Pet_Ant 3y agoLower price is caused by another airline offering the same flight for less. A cheaper flight enables for this to happen, but does not guarantee it.
- EasyMark 3y agowell cheaper for the airline can lower the floor price. At some point it's no longer possible to make a profit at all, and over time the airline has to recognize that or go bankrupt