Understanding Airline Pricing Strategies

What time does American Flight 33 typically depart from JFK airport?

• 6:00 AM

• 9:00 AM

• 8:00 AM

• 7:00 AM

Which day of the week generally has the lowest airfare for American Flight 33?

• Friday

• Sunday

• Tuesday

• Monday

What is the term used when airlines adjust their prices to match the prices of competitors?

• Price matching

• Price leveling

• Rate equalizing

• Cost balancing

What was the consequence of Air Canada's predatory pricing?

• Regulatory intervention

• Market dominance

• Increased profits

• None of the above

What does fare class 'N' typically signify?

• A business class fare

• A premium economy fare

• A regular economy fare

• A first class fare

Which fare class is the most expensive for a day-of purchase?

• N

• B

• K

• Y

What is a major factor in the higher cost of one-way tickets to London compared to round-trip tickets?

• Increased operational costs

• Less competition on the route

• Higher demand for one-way tickets

• Minimum stay requirements

What pricing strategy allows airlines to sell tickets at different prices to different types of travelers?

• Dynamic pricing

• Market segmentation

• Price discrimination

• Cost-plus pricing

Why are flights to smaller airports generally more expensive?

• Lack of competition

• Longer flight durations

• Higher operational costs

• More luxurious services

What does Blue Apron offer to its customers?

• Pre-portioned meal ingredients

• Restaurant booking services

• Custom travel meal kits

• Fitness meal plans