How do airlines price tickets? | CNBC Explains

To the average buyer, airline ticket prices appear to fluctuate without reason. But behind the process is actually the science of dynamic pricing, which has less to do with cost and more to do with artificial intelligence. CNBC’s Tom Chitty explains.

—–

Subscribe to us on YouTube: http://cnb.cx/2wuoARM

Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv

Like our Facebook page:
https://www.facebook.com/cnbcinternational

Follow us on Instagram:
https://www.instagram.com/cnbcinternational/

Follow us on Twitter: