Apr
22
2021
During the American Airlines first quarter earnings call, the airline’s Chief Revenue Officer Vasu Raja dropped a hint about finding the best airfares. The landscape booking airline tickets is changing rapidly and they’re afraid of selling future flights too cheap. They’re keeping prices high for late 2021 holiday travel on purpose so that people don’t buy their travel yet.
In response to a question by CNBC journalist Leslie Josephs, Raju explained that ticket sales are up in the near term but looking further out where bookings are falling, it’s because of a conscious decision by the airline “so that we don’t sell out Thanksgiving too soon” – they are keeping prices high so they don’t fill up planes too cheaply.
