answersLogoWhite

0

American Airlines employs value pricing and yield management strategies to optimize revenue and enhance customer satisfaction. By analyzing booking patterns, customer preferences, and market demand, the airline adjusts ticket prices dynamically, allowing for higher fares during peak times and lower fares during off-peak periods. This approach not only maximizes profitability but also ensures that various segments of travelers can find suitable pricing options. Overall, American Airlines' strategy exemplifies how effective yield management can lead to improved financial performance while catering to diverse customer needs.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

What has the author Colm Moran written?

Colm Moran has written: 'A case study of trade integration in Aer Lingus' -- subject(s): Aer Lingus, Airlines, Management


What has the author E P Durbin written?

E. P. Durbin has written: 'Tarlog' -- subject(s): Mathematical models, Strategy 'Development of management scientists' -- subject(s): Management, Study and teaching 'Pricing policies contingent on observed product quality' -- subject(s): Contracts, Pricing 'The contingent pricing problem' -- subject(s): Contracts, Pricing 'A model for estimating military personnel rotation base requirements' -- subject(s): Mathematical models, Personnel management, United States, United States. Air Force


What are the components of a feasibility study?

Market Study Management Study Technical Study Financial Study Social Desirability Market Study Management Study Technical Study Financial Study Social Desirability


What has the author Stephen A Liscinsky written?

Stephen A. Liscinsky has written: 'The Pennsylvania woodcock management study' -- subject(s): American Woodcock, Birds, Upland game bird management


How do you conduct Management aspects of feasibility study?

example of management aspect in feasibility study.


Feasibility study of library management system?

fesability study for library management system


Example of management aspect in feasibility study?

The value and risk assessment study is an example of the management aspect in the feasibility study.


Why do you studied management?

we study management because,


How do you download MBA project a study on receivables management?

i want to download the mba project study on receivable management


What is the fullform of mbs in management studies?

study of management buisness


Where can I study office management?

You can study office management at any local business college. Northwestern Business College has an excellent program in office management. It is my minor.


What is the definition for applied management?

study and practice of management tools at work