Originally Posted by
owjey
Thanks for clearing that up, all. I’m still a bit of a novice, so when you don’t really know how airfares work, it looks very strange indeed!
It might be easier to think of it using an analogy from the corporate world.
Imagine different salary bands where a Grade 2 job role has a salary range of £60K-£80K and Grade 3 job role has a salary range of £70K-£100K.
You can see how it's quite possible for a person doing a Grade 2 job at the upper end of that salary range may be paid more than the person doing a Grade 3 job at the lower end of their range.
It's somewhat similar with airline tickets. In this case, a premium economy ticket at the upper end of its range with more flexibility is more expensive than the cheapest business class ticket with limited flexibility and other conditions.