The Fascinating Economics Behind How Airlines Price Flights

If you’ve ever booked a flight, you are likely familiar with the seemingly arbitrary pricing structure of different flights to different destinations. It seems as if there’s no reason that one flight is priced at $412  and the same flight when you look 4 days later is priced at $576. These constantly fluctuating prices actually comes down to the algorithms that Airlines use to maximize profit while also staying competitive. To learn a little bit more about how and why ticket prices change and fluctuate, check out the fascinating video below.

Trevor is a civil engineer (B.S.) by trade and an accomplished writer with a passion for inspiring everyone with new and exciting technologies. He is also a published children’s book author and the producer for the YouTube channel Concerning Reality.


It's only fair to share...Share on Facebook21Share on Google+0Tweet about this on TwitterShare on LinkedIn0