Reducing airline ticket costs: There is an airfare war raging in the industry and airlines are reducing airline ticket costs by offering discounts and low cost tickets to compete with each other. In fact one of the lowest cost airlines is offering a first class ticket for just $10 more than a rival low cost airline.
This is just one of the countless examples of how the industry has shrunk costs while increasing revenue. But how has the industry done so?[Read More…] about Reducing Airline Ticket Costs, But Not the Price of Flying (2021)