I love logic.
Originally Posted by WestSideBilly,Jul 20 2007, 03:01 PM
And the way they price tickets hinders their ability to price them according to their actual costs.
While you can't have a set price, you can have a set formula and not tie it to customer buy-in.
If you just figure out what the average passenger/mile cost is on a route, it should be a no-brainer to set the price, and let it run. . . or once again, is there something I'm missing?
I suppose, logically, the more customers that buy, the cheaper the overall fare for each individual?
But then again, we can't really tell how full the plane will be beforehand. And forecasting isn't always accurate
But then again, we can't really tell how full the plane will be beforehand. And forecasting isn't always accurate
Originally Posted by mina,Jul 20 2007, 03:16 PM
I suppose, logically, the more customers that buy, the cheaper the overall fare for each individual?
But then again, we can't really tell how full the plane will be beforehand. And forecasting isn't always accurate
But then again, we can't really tell how full the plane will be beforehand. And forecasting isn't always accurate

The forecasting is theoretically reliable, but the forecasting is also tied into a formula (as WSB was hollering about) that dictates that the last 20% or so of the plane will cover 80% of the per plane revenue.
I'm saying that the formula should start looking at an aggregate route analysis. Once again, maybe there's a variable I don't grasp in this thing.
Originally Posted by mina,Jul 20 2007, 03:25 PM
oooh so is that why the longer you wait the more expensive the fares?
:shakesfist:
:shakesfist:
Originally Posted by 8D_In_Trunk,Jul 20 2007, 03:29 PM
It's not my problem you don't pre-plan. . . like the rest of us. 










, what a concept...