Published at Tuesday, March 26th, 2019 - 13:11:09 PM. Type of airline. By Adelina Pohl.
The advent of advanced computerized reservations systems in the late 1970s most notably Sabre allowed airlines to easily perform cost-benefit analyses on different pricing structures leading to almost perfect price discrimination in some cases (that is filling each seat on an aircraft at the highest price that can be charged without driving the consumer elsewhere).
By the 1980s almost half of the total flying in the world took place in the U.S. and today the domestic industry operates over 10 000 daily departures nationwide.
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