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Flight prices

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Comments

  • Caz3121
    Caz3121 Posts: 15,874 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Its gone up 5 times since Sunday. Flights are now £131 each, up from original price of £51 each. Moved 5 times since Sunday.

    It rises as each fare bucket sells out as people are booking.
    If they had 100 seats remaining on Saturday it could have been...
    4 @ £51
    next 8 @ £81
    next 8 @ £101
    next 8 @ £121
    next 8 @ £131
    next 8 @ £151
    the numbers are made up but it is people booking flights, reducing remaining capacity that drives the prices up...
    you didn't want to book at £120 bit others did and that fare bucket is now sold out and on to the next one...

    If nobody had booked seats since Sunday...they would still be available at £51
  • Browntoa
    Browntoa Posts: 49,612 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thomas Cook airlines are not flying so capacity has dropped.

    In the short term nobody can use those slots or fly those planes until the administrators sell the landing slots.

    As above , dynamic pricing says if you have the only 2 seats left you can charge what you like
    Ex forum ambassador

    Long term forum member
  • silvercar
    silvercar Posts: 49,952 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    It is a bit more complicated that a simple supply and demand equation with flights.

    You can sometimes find that flights with a connection can be cheaper than direct for the same route eg Manchester to London to New York (and return) can be cheaper than London to New York on the same flight. Also, buying your ticket from a different point of sale (ie different country) can influence price. We once bought through a global travel agent who sourced the flight we wanted through Canada to bring the price down on a direct London to USA route.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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