Published at Tuesday, March 19th, 2019 - 17:13:07 PM. Type of airline. By Adeline Winkler.
A glimpse of the future could already be had in California and Texas. Devoid of jurisdiction over local air transportation the CAB could neither exercise fare nor route authority over intrastate airlines and these carriers usually offering high-frequency single-class no-frills service at half the fares the regulated trunk airlines were forced to charge consistently recorded both profit and traffic growth.
Airlines assign prices to their services in an attempt to maximize profitability. The pricing of airline tickets has become increasingly complicated over the years and is now largely determined by computerized yield management systems.
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