By Allison Lampert and Doyinsola Oladipo (Reuters) - Canadians vented their frustration against airlines on social media last week after prices of ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Allison Lampert and Doyinsola Oladipo
Airlines set a range of ticket prices based on factors like purchase timing and demand. They then allocate seats to each fare, explained Chris Amenechi, founder of startup SeatCash, which offers subscribers a product that predicts future flight prices."The system doesn't know it's a disaster and when it happens, then companies have to make a decision to override the system,” said Amenechi, a former commercial airline executive.
Travel site Expedia Group said air partners set flight prices and availability on its site."Airlines are free to adjust the prices and availability they display."
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