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AIRFARE PRICING ALGORITHMS
Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...
Supreme Court bats for rationalisation of airfares, asks Centre to provide relief to peopleThe Supreme Court has taken a stand on air travel pricing, urging the government to implement fairer airfare practices. Observing substanti...
Seat fees are not the real problemIndia's aviation regulator has paused a directive mandating free seat selection for 60% of seats, opting for a broader review. This decisio...
Aviation ministry actively considering issues related to surge in airfares during festivals: CentreThe Indian government is actively considering new rules for air ticket prices. The Supreme Court has called the issue of unpredictable airf...
Supreme Court flags concern over exorbitant rise in airfares during festivalsA bench of Justices Vikram Nath and Sandeep Mehta termed the exorbitant rise of airfares by airlines as "exploitation" and asked the Centre...
Supreme Court seeks reply from govt, others on plea against abrupt airfare hikesThe Supreme Court is seeking input from government officials and aviation regulators following a complaint lodged by a social activist. The...
SC seeks replies from Centre, others on plea to control unpredictable fluctuations in airfaresThe Supreme Court has sought responses from the Centre and aviation regulators on a plea demanding binding guidelines to control unpredicta...
The Tuesday airfare myth is dead — here’s the real secret to scoring cheap flightsFor decades, travelers were told to book flights on Tuesdays to get the best deals. It became almost a travel gospel. But in 2025, that rul...
Travel perks no longer random? AI bots now decide who flies cheap and sleeps luxeDelta Air Lines and Hertz are facing scrutiny over their use of AI technology in pricing and inspections. Delta’s new AI driven airfare mod...
Delta Airlines’ shocking AI upgrade: It could soon set ticket prices based on what you can affordDelta Air Lines is implementing an AI-driven pricing system developed by Fetcherr to personalize airfare. This technology analyzes data to ...
Parliamentary panel suggests AI-driven stringent airfare regulation mechanism, more teeth to DGCA on pricingA parliamentary panel suggests an AI-powered system, 'AirPrice Guardian,' to monitor and regulate airfare trends. The proposed framework ai...
Falling fares and an AI arms race: What travelers can expect in 2024Airfares in the US will decrease while international airfares will increase in 2024 due to increased airplane capacity and a drop in jet fu...
Rising airfares: Congress says PM's words that those with 'hawai chappals' can travel by air sound like 'cruel joke'Congress general secretary organisation K C Venugopal said it was criminal to lift caps on airfares in August 2022 when the economy was in ...
India has one of the best airfare regimes; there should be no 'gouging': Akasa Air CEOAkasa Air CEO Vinay Dube's comments come against the backdrop of concerns about a steep rise in airfares in certain routes amid capacity re...
From manual pricing to ChatGPT: How Air India is transforming under TataIn another sign of the formerly government-owned carrier's whirlwind transformation under its new owner Tata Group, Air India is testing Ch...
CCI lens on algorithms used for air ticket pricesCompetition Commission of India (CCI) Chairperson D K Sikri told that the regulator is looking at how algorithms function when it comes to ...
War of the machines: The opportunities in machine learning for businessesWhile artificial intelligence and machine learning have been there since the 1940s, the availability of huge amounts of data is making the ...
Dynamic pricing: How consumer internet companies change prices in real time with sophisticated algorithmsComplex though that it might sound, the concept of dynamic pricing has been around for years in the offline market
Domestic airlines express inbility to display number of seats at each fare levelAirline chiefs, told DGCA that implementation of the order would be tantamount to regulation of airfares, something which govt has ruled ou...
- Book early is the new flying mantra
This is being reinforced by opening up seat inventories for sale six to nine months in advance.