Originally Posted by
Stocktc1
Anyone had the bad/good experience of walk up fares? The most expensive the ticket can cost or a little cheaper due to less taxes, etc?
I do not understand the question.
Originally Posted by
Often1
Ticket pricing is based on RM/IM algorithms which look at many factors. If the algorithm predicts that there will be heavy demand, it will only permit sales at higher fare buckets. If the contrary, it will open lower fare buckets.
Or if a revenue management analyst decides to fight the algorithms. Happens all the time.
The black box optimizes (or is supposed to optimize) revenue across the network. Individual entity teams in RM are evaluated based on THEIR markets. I'm sure you can figure out what that means in practice.
There really is no such thing as a "walkup" fare...
Sure there is. Use the term to anyone who works in airline revenue management and they will understand exactly what a walkup fare is: a zero advance purchase fare. The term walkup is used commonly and is synonymous with 0AP.
Originally Posted by
IADCAflyer
Also, bear in mind that unless you're on a purely nonstop pairing, the fare is influenced by the availabilty on every segment. So if you're flying DCA-MIA and the flight is empty, you might get a low fare bucket on the DCA-MIA leg. if your return is MIA-CLT-DCA and MIA-CLT is empty (which would normally avail you to lower fare buckets), but CLT-DCA is a full flight, the lack of low availability on the CLT-DCA leg is going to result in a high fare because the most restrictive fare bucket will apply to the entire return portion.
The above is not correct.
DCAMIA flow availability is
not a function of what inventory is available separately on DCACLT and CLTMIA. Flow inventory for the DCACLTMIA service is calculated using the fare buckets that exist for the DCAMIA market.
You cannot assume that DCACLT open in Q and CLTMIA open in Q means that DCAMIA is open in Q. Nor can you assume that if one of the local segments is closed in a particular inventory that the flow is closed in that inventory.