What are the demand factors leading to higher ticket prices in the airline industry? Explain how they
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Question:
What are the demand factors leading to higher ticket prices in the airline industry? Explain how they change the prices.
- What are the supply factors leading to higher ticket prices in the airline industry? Explain how they change the prices.
- What is your expectation about ticket prices in the future? What supply- and demand-related factors can change ticket prices in the future? Explain how they are expected to change the prices in the future.
- Please give examples of such products which became highly expensive in recent years, especially after the covid period. Why did they become more expensive? Please give supply- and demand-related reasons.
Episode on Oct 31, 2022 - "'Cheap' Flights Aren't That Cheap Anymore: How to Save on Airfare"
https://www.wsj.com/podcasts/google-news-update/cheap-flights-arent-that-cheap-anymore-how-to-save-on-airfare/5366ab60-3126-4630-8eef-640f080cc6c7?mod=mw_quote_newsLinks to an external site.
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