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Author Topic: Price Management  (Read 1013 times)

Offline brownbear

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  • Posts: 4
Price Management
« on: June 30, 2015, 08:18:19 PM »
Hi Guys

Needing a little help really, when is a good time to pop your tickets up, i am running across USA and my average ticket price is 67$ is this too high or too low do you think ?

Many Thanks in advance

Offline Teadaze

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Re: Price Management
« Reply #1 on: June 30, 2015, 08:48:55 PM »
trial and error, just like competition, if you set your ticket price too high people may not fly/demand all goes to competition.


  • Former member
Re: Price Management
« Reply #2 on: June 30, 2015, 08:50:20 PM »
Hi Brown bear

I'm in America as well and I have my prices a little higher than that. What I do is if the LF's are high I raise my prices accordingly

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Offline schro

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Re: Price Management
« Reply #3 on: June 30, 2015, 10:05:45 PM »
Average price is a poor indicator of pricing appropriateness. It is a route by route exercise of trial and error. After a while you'll get a good sense about what works best in each situation.

Also, average fares across airlines will vary based on average flight length and frequency offered.

Offline brownbear

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  • Posts: 4
Re: Price Management
« Reply #4 on: June 30, 2015, 11:05:53 PM »

I will have a play around! Cheers guys !  ;D

Online gazzz0x2z

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Re: Price Management
« Reply #5 on: July 07, 2015, 07:11:12 PM »
It's a complicated beast with several factors. I recently noticed that my ERJs in GW3 could not hope to earn more than 15k$ a day with a CI at 40, but can go up to 18k$/20k$ with 80CI. And it also depends on the wealth of the destinations : I can charge more a London City_Frankfurt than a Hamburg_Pristina, all other things being equal. And plenty of others, the most unpredictable(and fun) being competition.


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