Helpfull for airline pricing teams, actually just one person needed now, FareAutoCalc is an Android app that helps you set prices to rech profit on all your routes.
In its simplest form you enter the costs per flight, number of seats, how many fare classes (different price levels) you would like and at what load in percent you want to break even. Then it calculates the prices for each fareclass and the number of seats in same.
You can manually enter the price rise scale for how much in percent you want the fare to rise between each fare clas. Or the app can do this for you using an even step in percent scale.
It also has a Cost Detail page where you can enter detailed costs. This allows you to enter a number of set costs that could be the same for all flights, and some variable costs that varies by example flight distance.
In principle its for a low cost carrier that don’t have different seat classses and only differs in fare classes with different price levels where the price goes up as the plane fills.
In use it is a tool for making complicated calculations simpler. One would proably adjust the break even percent upwards for expected busy periods to reach profit earlier and a higher amount of total profit. It goes particularly well together with the Airline Reservations and Admin app MoonCBook.
Discover more from reviewer4you.com
Subscribe to get the latest posts to your email.