Question: Determine a mainline airline's fare structure. Discussion can include mock data on the fare structure that you outline for business vs pleasure travel, passenger demand


Determine a mainline airline's fare structure. Discussion can include mock data on the fare structure that you outline for business vs pleasure travel, passenger demand patterns, Seasonal operations, the elasticity of demand, pricing strategies, inventory/yield management, operating costs, profit maximization, and output determination in the short run.


Please include a revenue matrix of four to seven fare structure examples that will impact a mainline airline's revenue. Your discussion should demonstrate how each of your fare elements will correlate to each other to benefit revenue overall. Also, include recommendations on any elements that are not performing to the desired revenue level and the controls you would have in place to alert and correct such issues.


Locate at least 2 peer-reviewed articles to support your viewpoints. Please include in-text citation references in APA.


Thank you.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Mainline Airline Fare Structure Analysis Overview A mainline airlines fare structure is critical to maximizing revenue particularly in a competitive market where passenger demand can fluctuate signifi... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!