👉 Flights math involves calculating the cost of air travel, which is a complex process that considers multiple variables. Key components include base fare, which is the cost of a seat reserved in advance; distance, where longer flights generally incur higher costs due to increased fuel consumption; aircraft type, as larger planes require more fuel; and demand, which affects ticket prices based on how much travelers want to pay. Additional factors include taxes, fees (like baggage charges), and any discounts or promotions. Airlines also use yield management strategies to optimize revenue, adjusting prices dynamically based on demand forecasts and booking patterns. This intricate calculation ensures that airlines can set prices that maximize profits while remaining competitive in the market.
