Why do Airlines charge different prices for the same seat?

Business , Holiday

Everybody understands that airfares change from day to day, but many travellers are surprised to learn that passengers on any given flight will pay a range of different prices for exactly the same experience.

Those different fares include special sales versus last-minute pricing, but they also come with varying degrees of flexibility in the cost of changing booking details (or cancelling your flight), the number of frequent flyer points and status credits you’ll earn, and even if you qualify for a points-based upgrade (from economy to business class, for example).

To read about the range of different prices for the same seat, visit Australian Traveller