Aircraft Pricing Outline
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I. Competition in the airline industry has resulted in a twotiered pricing structure placing the business traveler in a disadvantageous position with regard to price.A. There is a finite number of seats on an aircraft; during peak demand periods, higher prices can be charged for a greater number of seats than during slow demand periods ("United Airlines," 1996, p.á1203CLTU007). 1. Leisure travelers, who are able to book their travel weeks or even months in advance, provide a steady source of income to airlines during periods when business travel is down (peak vacation periods and weekends). In this way, leisure travelers provide a steady source of income to airlines, but since they travel at low demand times, they are highly price sensitive. Business travelers want to be able to travel on short notice and to the most convenient airports; they are wil
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Approximate Word count = 579
Approximate Pages = 2 (250 words per page)
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