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Top Document: FAQ: Air Traveler's Handbook 1/4 [Monthly posting] Previous Document: [1-x] Stopovers and Circle Trips Next Document: [1-4] Classes of Service See reader questions & answers on this topic! - Help others by sharing your knowledge When airlines set their fares, they divide their seating into "classes", which are based on an analysis of past passenger purchases. Suppose you have a 100 seat airliner going from DC to SF. The rates might break down on a particular day as follows: 30 seats at $315 round trip, 30 days in advance 20 seats at $350 RT, 21 days in advance 20 seats at $375 RT, 14 days in advance 20 seats at $400 RT, 7 days in advance 10 seats at $450 RT, full fare, available until the last minute. Now if the time has elapsed within a given price group, then the fare will go up to the rate of the next price group. If they sell the quota of tickets for a price group, even if the time has not elapsed, then they can only sell you tickets at the next rate group price (which is naturally higher). So it can pay to make your reservations way in advance. (The number of seats available at each fare varies from day to day, depending on the airline's yield management algorithm.) Actually, it would be more accurate to say that airlines distinguish between classes of service and types of fares. A discount ticket (fare) for first class travel (service) could, in theory, be cheaper than an advance purchase ticket (fare) for thrift travel in the first class compartment (service). The best way to describe it is as a series of overlapping tiers of fares. There are five regular classes of service: First, Business, Standard, Coach and Thrift. Standard is practically nonexistent these days. Fares usually drop with lower class service. For each class except Standard there are six main types of reduced-fare tickets: discounted, night, offpeak, weekend, advance purchase, and excursion fare. User Contributions: 1 cheap viagra Feb 25, 2021 @ 2:14 pm https://genericviagragog.com buy viagra without doctor prescription Comment about this article, ask questions, or add new information about this topic:Top Document: FAQ: Air Traveler's Handbook 1/4 [Monthly posting] Previous Document: [1-x] Stopovers and Circle Trips Next Document: [1-4] Classes of Service Part1 - Part2 - Part3 - Part4 - Single Page [ Usenet FAQs | Web FAQs | Documents | RFC Index ] Send corrections/additions to the FAQ Maintainer: mkant@cs.cmu.edu
Last Update March 27 2014 @ 02:12 PM
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