Published at Friday, April 05th, 2019 - 02:15:28 AM. Type of airline. By Albertyne Peters.
The intense nature of airfare pricing has led to the term fare war to describe efforts by airlines to undercut other airlines on competitive routes. Through computers new airfares can be published quickly and efficiently to the airlines sales channels. For this purpose the airlines use the Airline Tariff Publishing Company (ATPCO) who distribute latest fares for more than 500 airlines to Computer Reservation Systems across the world.
In view of the congestion apparent at many international airports the ownership of slots at certain airports (the right to take-off or land an aircraft at a particular time of day or night) has become a significant tradable asset for many airlines. Clearly take-off slots at popular times of the day can be critical in attracting the more profitable business traveler to a given airline s flight and in establishing a competitive advantage against a competing airline.
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