I get why they have done it but it’s also a symptom of over segmenting the market based on time. The airlines have absolutely made this bed by having such adversarial pricing.
reply> 24 hours to cancel any flight (or some airlines let you reserve with a 24 hour window to pay, which also fits the regulation)
replyI believe the 24 hours free cancellation requirement is only valid 7 days out. If it's for a recent flight I don't think you get free cancellation?
Definitely agree that those would be hostile behaviors, but I want data that shows it is happening.
replyAirlines are by nature a risk-averse industry, and throwing something as fundamental as inventory out of whack would lead to unjustifiable losses. Threats need to be prevented not reacted to.
replyImagine you're an airline and have the ability to hire smart people and can equip them with ai tools.
replyThis is something that should be solved with a 2 person team over a weekend.
Airline prices are the absolute worse! I'm trying to book 5 tickets together between 2 major airports that I have flown multiple times in the past. The price has been a rollercoaster!
$2200, I waited a bit too long to confirm with the group $4000 then $3500, then $2500 which changed within 5 minutes to $2600 and then $3000 and now $5000+
Other than memestocks, nothing else has such insane price volatility!
I understand you're frustrated, but "throw money and people at the problem and it will be solved somehow" doesn't address regulatory requirements.
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