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Article: Airline Pricing: Highly Complex, Hotly Competitive
- Article from:
- The Washington Post
- Article date:
- November 20, 1988
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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Six hundred thousand airline fare changes.
That's the largest number ever handled in a single day by the
Airline Tariff Publishing Co., a cooperative venture owned by the
airlines to process changes in ticket prices.
A few years ago, the fare publishing company considered 25,000
daily fare changes to be a lot. But in the last two years, the daily
average has been at least eight times that amount. Last week's fare
changes didn't approach the record of 600,000, but they were enough
to keep the computers humming.
The growing number of fare moves on any given day reflects a
major change in the industry since deregulation-the proliferation of
products being offered by the airlines and the ...