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Interesting as airlines have been doing this for a really long time.
by tyingq 2y ago
Interesting as airlines have been doing this for a really long time.
- bluGill 2y agoAirlines do this internally all the time. However they do not share this information with each other.
- currymj 2y agothere is concern about tacit collusion if all the airlines start using the same pricing algorithms based on the same historical data. it doesn't even take a very smart pricing strategy for them to naturally learn to collude with each other. However I would guess you will never have an email from an airline CEO that says "I really like this product...That's classic price fixing"
- tyingq 2y agoThey don't share how many seats are left publicly, but fare changes are shared real time in a platform that distributes them. And there's quite a lot of website scraping that goes on that mostly skirts around "how many seats are left".
- dylan604 2y agonot everyone is affected by airlines' pricing though as not everyone travels. everyone needs a place to live though