I fly around Europe for €30-€100 per return flight without a checked bag. Yet Ryanair are one of the most profitable airlines in the world yet charging such cheap prices. Are other airlines just not as efficient as low cost airlines?
In: Economics
130-400 people on flight aren’t all in for €30. Try to get same week ticket and it’s more expensive in multiple of times. So basically, guy sitting next to you might have paid 10 times as much as you.
But knowing there’s a chance to get a cheap ticket made you book it in advance long time ago, look it really up, and generally be up to speed with airline prices – basically, be an active customer on their market. Even advertise it on Reddit, as you did!
That is *really* good and predictable business for them, and since guy next to you paid for your, and probably bunch of other price-sensitive people’s share they lost from selling cheap tickets, they’re really fine with it.
If you’re organizing a concert, it is much easier to work you if sold the seats out weeks before, than just pay bunch of musicians to come, electricians to rig stage up, open the gate and wait what happens next. Airlines are no different in that aspect. Last-minute tickets carry a great risk of half-empty plane, and thus cost times more.
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