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Optimization and Practice of Airline Ticket Pricing Strategy: A Comprehensive Analysis Based on Market Demand, Competitive Environment and Passenger Behavior

Year: 2024
Type: article
Abstract: The optimization and practice of airline ticket pricing strategy is a complex and critical process, which needs to consider many aspects such as market demand, competitive environment and passenger behavior. This paper aims to analyze how these factors affect ticket pricing and explore how airlines can optimize their pricing strategies in practice. In practice, airlines continue to optimize pricing strategies, through dynamic pricing, class management, promotional activities and other means to increase ticket sales and profits. At the same time, airlines also need to strengthen data analysis and technology application to improve the accuracy and flexibility of pricing to better adapt to changes in market demand and passenger behavior. The optimization and practice of airline ticket pricing strategy is a continuous process, which needs to consider market demand, competitive environment and passenger behavior.
Author: Zipeng Leng
Language: English
Open Access status: hybrid
OpenAlex ID: W4405844998
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Related to: 10