Why aren’t Last-Minute Flights Cheaper |
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Why aren’t Last-Minute Flights Cheaper |
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Last-minute flights aren't cheaper because airlines use dynamic pricing strategies that take advantage of urgency. Airlines aim to maximize revenue by charging higher prices to travelers who book last-minute, assuming they have less flexibility and are more likely to pay a premium. Additionally, as the departure date nears, airlines have fewer seats available, increasing the demand for the remaining seats. This scarcity drives up prices. Moreover, airlines prefer to fill flights in advance, offering lower prices earlier to attract early bookers and secure a full flight. Business travelers, who often book late, are less price-sensitive and willing to pay higher fares.
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Szöveges verzió | A pontos idő: 27th August 2024 - 03:13 PM |