The rise in fuel prices is sending passengers to Amtrak and Amtrak is using “airline-style yield management” to increase revenue…
http://travel.nytimes.com/2008/06/21/business/21amtrak.html?scp=2&sq=yield%20management&st=cse
The rise in fuel prices is sending passengers to Amtrak and Amtrak is using “airline-style yield management” to increase revenue…
http://travel.nytimes.com/2008/06/21/business/21amtrak.html?scp=2&sq=yield%20management&st=cse
August 31, 2009 at 7:27 pm |
Excellent! But I think that they could do more by increasing the number of price brackets. Ticket prices should be reduced until every seat is full, because an empty seat is worthless–even a $1 ticket would be an extra dollar of revenue at that point. More aggressive pricing could draw passengers from planes, buses and cars.