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Airline Seat pricing structure

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seare | 17:13 Wed 04th Feb 2009 | Travel
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Does any one know how the prices are structured, as im looking at prices and they keep going over the last 2 months, i know the prices obviously go up, but does any one know the structure?

thanks!
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Every airline will have its own mathematical model. If they were all the same we could expect airlines to make comparable profits. That's clearly not the case.

A lot of things that the airlines have to pay for (e.g. fuel, ground services, aircraft leasing, landing fees and staff wages) are paid for in either dollars or euros. Airlines will factor exchange rates into their pricing structures. With the pound's recent rapid fall against both the dollar and the euro, it's hardly surprising that many fares have started to rise rapidly.

Chris
There are 2 basic ways the pricing is split.
1)Generally the plane pricing is divided into sections. The first section is the cheapest, the seats that sell first, the longest time before the flight. Then the inbetween priced seats, followed by the most expensive seats that sell closest to departure, on the basis that if you need to fly urgently you will pay more.

2) there are different types of tickets, the cheaper the ticket, the less flexibility. So, one that is non changeable or refundable is cheapest, one that can be changed anytime, or cancelled is the most expensive.

As you get closer to the departure date, the less cheaper non flexible tickets there are, leaving only the epensive flexible ones.

Hope that helps.

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