Hi,
I am so sorry if this topic have been discussed before,
I need little bit help, can anyone teach me, how much I must reduce or increase the ticket price,
when global fuel price is down or up?
thank you
Your ticket prices have nothing to do with fuel prices. When fuel is low, you enjoy higher profits. When fuel is higher, your profits are lower. If you try to compensate by increasing price, your ratings will go down unless you increase service and better seats when you increase the price. So enjoy higher profits while fuel is low... for now..
Your ticket prices have nothing to do with fuel prices. When fuel is low, you enjoy higher profits. When fuel is higher, your profits are lower. If you try to compensate by increasing price, your ratings will go down unless you increase service and better seats when you increase the price. So enjoy higher profits while fuel is low... for now..
so when the global fuel price down, there is no impact to the passenger even I keep the current price? In my mind when global price is down the ticket price must be reducing to keep full load passenger.
NO,again, fuel price has nothing to do with your ticket price. It's combination of your ticket price & service & seat & aircraft type &aircraft age & staff mood & overall image that affects your ORS rating and in turn the demand your airline gets. Plus, AGEX level affects the demand level on the gameworld in general. Fuel price has nothing to do with the demand, your ORS rating, AGEX, or anything else besides the bottom line on your profit and loss statement.
fuel price influence your decision whether to use this kind of aircraft or not, whether you should use four engine aircraft or stick with the 777, whether to maximaze the aircrafts utilization or save some fuel (in case the fuel price increased)
Well I am very prepared for high fuel prices whit all newest generation aircraft exept the Saabs that are at CBE Airways.
NO,again, fuel price has nothing to do with your ticket price. It's combination of your ticket price & service & seat & aircraft type &aircraft age & staff mood & overall image that affects your ORS rating and in turn the demand your airline gets. Plus, AGEX level affects the demand level on the gameworld in general. Fuel price has nothing to do with the demand, your ORS rating, AGEX, or anything else besides the bottom line on your profit and loss statement.
Maybe, but with the current low fuel prices you can reduce your ticket prices and make yourself more competitive.
Maybe, but with the current low fuel prices you can reduce your ticket prices and make yourself more competitive.
True. However, for some markets, lower prices show only a very limited effect. Especially, if the market is saturated with maximum ORS score flights.
Maybe, but with the current low fuel prices you can reduce your ticket prices and make yourself more competitive.
I don't need to reduce ticket prices, I am actually increasing them across the board.