SkyeAir, a commercial airline, uses sophisticated software t…
SkyeAir, a commercial airline, uses sophisticated software to continuously update ticket prices based on how many seats remain on a flight, how close the departure date is, historical demand patterns, and competitor pricing. Two passengers sitting next to each other on the same flight might have paid vastly different amounts for their tickets. What pricing strategy is SkyeAir using to maximize revenue based on fluctuating demand and booking behaviors?