United Airlines CEO Says Buy Your Tickets Early

United Airlines CEO Says Buy Your Tickets Early

Assessment

Interactive Video

Business

University

Hard

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The video discusses the evolution of the airline industry, focusing on pricing, deregulation, and customer expectations. It highlights how deregulation led to lower prices and increased schedules, but also introduced fees like luggage charges. The industry has become more profitable due to consolidation and efficient practices. Booking strategies, such as booking in advance, can lead to better pricing, and price variations exist due to factors like corporate discounts and booking times.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does booking in advance affect airline ticket prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of having different prices for passengers on the same flight?

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