Revenue Management - The Science Behind Ticket Prices - Airline Economics 101

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Ever wondered why the price of an airline ticket changes so much? The answer lies in Airline Revenue Management-a sophisticated system airlines use to maximize their profits while balancing supply and demand. In this video, we’ll uncover how revenue management works, from dynamic pricing to seat inventory control.
Learn how airlines use data, forecasting, and psychology to fill flights and make the most money from every seat. This behind-the-scenes look will change how you think about booking your next flight!