Las Vegas Airline Would Let Flyers Gamble on Prices

Discussion in 'General Discussion | Travel' started by sobore, Sep 25, 2012.  |  Print Topic

  1. sobore
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    sobore Gold Member

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    http://abcnews.go.com/blogs/lifestyle/2012/09/las-vegas-airline-would-let-flyers-gamble-on-prices/

    With all the angst that goes into buying an airline ticket — Am I too early or too late? Do I wait until the last minute or purchase far in advance? What about the fees? — purchasing airfare can feel like a bit of a gamble.

    But one Las Vegas carrier wants to raise the stakes, so to speak. In a plan outlined in Bloomberg Business Week, Allegiant Air is considering a pricing structure where customers can either lock in a price or choose an adjustable ticket price based on fuel price fluctuations before travel.
    In other words, fliers would have to pay more if fuel goes up or would get a partial refund if fuel goes down.

    Allegiant Air relies more on leisure travelers than other carriers, with a presence in several Florida markets, Myrtle Beach, S.C., Hawaii and Las Vegas. The dependence on leisure fliers means it’s more exposed to fuel prices than airlines who have higher-paying business travelers to shoulder fuel cost increases.

    Read More: http://abcnews.go.com/blogs/lifestyle/2012/09/las-vegas-airline-would-let-flyers-gamble-on-prices/
     
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  2. uggboy
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    uggboy Gold Member

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    Gamble on flight prices! Isn't that what must do anyway? [ with all the variables mentioned in the article ]
     
  3. HaveMilesWillTravel
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    HaveMilesWillTravel Gold Member

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    I haven't read the Bloomberg Business Week article, but it sounds like something Allegiant have been considering for quite a while now... Crankyflier post from a year and half ago:

    http://crankyflier.com/2011/03/03/a...o-gamblers-with-option-to-bet-on-fuel-prices/
     
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