Why the flight fares get fluctuates in a minute?

Airlines industry is only travel industry in which the fares cannot be pre-decided and will get fluctuated based on demand and availability. It is true that most of the airlines and privately controlled hence their aim is just to make maximum profits and that can only be achieved with two main things:-

  1. Fully loaded flights
  2. High pricing

The airlines closely work on above two points to earn maximum revenue. Therefore, they put a system generated robotic arrangement to manage fares.

When if flight is empty– The airlines generally provide routes for peak destinations and also manage yield based arrangement for scheduling of flight. The late hour’s flight will be cheaper then early morning business hour’s flight. But, if someone still try to check flight timing for odd hours then yield based system with read the IP address of checker and multiple clicks for same flight will make a sudden jump in flight timing.  Like if you checked a flight for midnight 2.30 am and you checked the same flight again and again in some duration then you will observe after your many attempts the fare will jump to 1.5 times may be. That means, the fare program will read it as your urgent need for that flight, and you may bound to buy it any cost.

High Pricing Factors- Airlines operate for one and only aim and that is “profit”. Hence, airline companies look for the opportunities to ask higher ticket price. If a state has some natural disaster and people look to reach the state for their loved ones, airlines face difficulty to operate flights to that city. Therefore, on limited flights the airlines will charge may be triple price, because company knows that in every second someone who belongs t that city will look for the flight so it’s understood that the demand is extremely high. In this situation, the airline company will behave like its monopoly and will charge anything. You have practically experienced this thing many times that, if you check some flight again and again then the price will go up suddenly. There are many reasons which will make Airline Company to enjoy the high cost situations and passengers will be bound to buy it.

  1. Summer vacations
  2. Natural disasters
  3. Daily Peak hours
  4. Flight cancelled by other airline
  5. Festival time
  6. Special routes

The above scenarios are best for an Airline company perspective. And it has been observed that the customers who want to cut the journey time would buy the tickets even in higher price because they have a genuine need to get the flight and sometimes it’s been observed that someone who wants to book for same day flight , pays generally more than four times flight charges. Airlines Company seek such customers who book tickets at very last moment , that is why they keep the ticket slot open till very last moment of boarding. As per data base of an undisclosed Airline, they plan their yield management in a way where in they earn the maximum profit from the collect of tickets which were booked right before the boarding, because that ticket costs a customer equivalent to four ticket’s cost booked a week’s before. Those tickets were booked either through online portal or directly from the airport. Many customers might related to who have missed their last flight which could be from any airlines.

Also Check : Why Big Airlines Business Gets Failed

Conclusion– Hence it’s proved that being a customer, we are somewhere bound to buy high price tickets, however, some how we can control it buy not checking the ticket price again and again in short interval. Avoid peak hour travel and only go for that when it’s highly required for you. Go for early booking rather on the spot booking especially in festival days or summer vacations. The aviation ministry is working hard in controlling monopoly of Airlines, but Airlines are actually in a miserable situation despite of charging higher cost. Jet Airways is the recent example of it. Now in this situation there is a high level collaboration required between Airlines company, customer demand and Aviation ministry to go for substantial approach to meet Airlines’ justified profit and less pressure in customer’s pocket.

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Bhanu Garg: