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Thread: Are all "points as good as cash" loyalty programs inevitably doomed?
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Old Feb 22, 2015 | 5:34 am
  #62  
sosafan
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Join Date: Apr 2000
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Originally Posted by nsx
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Note: Equivalent price of a redemption without capacity controls is the cash ticket price. Equivalent price of a redemption with capacity controls is the cash price given to the yield management software to enable it to allocate the correct number of seats for awards.
This statement confuses me. The price of an airline seat varies greatly from customer to customer. I'm not sure what is meant here by the "cash ticket price."
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