Travelers Snap Up $10,000 Asia-US Business Fares for $300

Travelers Snap Up $10,000 Asia-US Business Fares for $300

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

Quizizz Content

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The video discusses a significant airline ticket pricing error where tickets from Jakarta to New York via Tokyo were sold for $300 instead of up to $10,000 due to a currency conversion mistake. Many people benefited from this error, and the airline, A and A, has decided to honor the tickets despite the potential financial loss. The airline is investigating the cause of the error, which is believed to be a currency conversion issue, but the full extent of the financial impact is still unknown.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the airline's pricing blunder?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential financial impact could the airline face due to this blunder?

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