👉 Airfare pricing is a complex interplay of several factors, often referred to as "airfare math." It involves demand and supply dynamics, where the cost of tickets is determined by how much travelers want to pay for a seat and how scarce those seats are. Airlines use sophisticated algorithms to adjust prices based on factors like time until departure, day of the week, seasonality, and even the availability of seats on specific flights. High demand (e.g., during peak travel seasons or holidays) and limited supply (fewer seats available) drive prices up, while lower demand and more available seats can lead to discounts. Additionally, ancillary fees for extras like checked bags or seat selection are factored into the final price. Airlines also consider competitive pricing, aiming to attract customers while maximizing revenue.
