maka wrote:kayhara wrote:Someone please educate me on KQ pricing formula I am taking a flight from Mombasa to Nairobi, the plane is about half full and tickets going from 16k, I paid early at 4k wouldn't it make more sense to lower prices to get more passengers?
Yes it makes sense but the guys doing the pricing are shitty characters to say the least,oblivious of reality.
KQ is trying to maximize on the last-minute flyers.
Is it 16k one-way in economy? The idea is that whoever needs to fly will fly and pay 16k.
My view is that you can do so when enough seats are sold out & the flight is breakeven so any 'new' passengers are 90% profit. The problem is that flying breakeven flights is not profitable but flying profitable is profitable.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett