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Any increase in price leads to some people deciding to skip the flight entirely. You might only need to raise prices by 30% percent or so to have a half-empty p
by talliedthoughts 6y ago
Any increase in price leads to some people deciding to skip the flight entirely. You might only need to raise prices by 30% percent or so to have a half-empty plane, if your customers are highly price-sensitive.
I would probably take fewer short holiday trips during the year - switch to 1-2 long holidays instead of 6-7 weekend trips. That way the cost of flying takes up a lower percentage of the overall holiday budget.
If people get used to higher prices, I also expect airlines to try and maintain them even after the seating restrictions are lifted, same as adding carry-on bag fees but not lowering the base price to compensate.