Airline pricing

Airline pricing is dynamic and influenced by factors like demand, timing, competition, and remaining seats. Airlines use complex algorithms to adjust ticket prices—higher when flights are near capacity or during peak travel times, and lower when seats are available or demand is low. They also consider booking patterns, advance purchase discounts, and market conditions. This means prices can change frequently, encouraging early bookings or last-minute purchases based on maximizing revenue. Essentially, airline ticket prices reflect a balance of supply and demand, with algorithms continuously optimizing fares to fill seats while maximizing profit.