Determine a mainline airline fare structure

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Reference no: EM133382087

Questions:

Determine a mainline airline's fare structure. Discussion can include mock data on the fare structure that you outline for business vs pleasure travel, passenger demand patterns, Seasonal operations, the elasticity of demand, pricing strategies, inventory/yield management, operating costs, profit maximization, and output determination in the short run.

Please include a revenue matrix of four to seven fare structure examples that will impact a mainline airline's revenue. Your discussion should demonstrate how each of your fare elements will correlate to each other to benefit revenue overall. Also, include recommendations on any elements that are not performing to the desired revenue level and the controls you would have in place to alert and correct such issues.

Locate at least 2 peer-reviewed articles to support your viewpoints. Please include in-text citation references in APA.

Reference no: EM133382087

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