
How Airlines Price Flights | Wendover Productions
- Business & money
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B2 · Upper-intermediate
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The numbers change seemingly arbitrarily every week, day, or hour, but there's some real
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Is this episode right for you?
B2 · Upper-intermediate
Comfortable if you already follow TV news
- 37 harder words (B2 and up) in the whole episode.
Transcript
The opening of the episode. The whole transcript is in the player.
harder words (B2+)
Airline ticket pricing probably seems like a crapshoot. The numbers change seemingly arbitrarily every week, day, or hour, but there's some real science behind these prices. People spend their whole lives figuring out what to charge you to fly.
Let's take a look at one flight on one route by one airline to understand. American Flight 33 leaves New York's JFK airport every day at 7am bound for Los Angeles, arriving at 10.51am Pacific time. This transcontinental route is one of the most competitive in the world with over 3.5
million yearly passengers and five major airlines connecting the country's two largest cities. There's nowhere where pricing strategies are more important for airlines than here. Looking at three months of fares for this flight, there are eight distinct prices for
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