fbpx

Airlines’ New Pricing Strategy Is Buy One, Get One Free

Airlines’ New Pricing Strategy Is Buy One, Get One Free

Airlines are resorting to a new tactic in navigating the pandemic-inspired collapse in travel: They are giving seats away. Alaska Air Group Inc. ran

At Disney, Streaming Soars as Other Businesses Continue to Struggle
Bob Biggs, Los Angeles Punk-Rock Entrepreneur, Dies at 74
Vermont Aims to Reopen for Ski Season While Keeping Covid Cases Low

Airlines are resorting to a new tactic in navigating the pandemic-inspired collapse in travel: They are giving seats away.

Alaska Air Group Inc. ran 48-hour sales in August and September, offering an entire three-seat row for the price of a single ticket. Europe’s biggest airline, budget carrier Ryanair Holdings PLC, offered 2-for-1 specials for flights through mid-December. Southeast Asia’s AirAsia brand earlier this year sold “unlimited passes,” allowing customers in some markets to travel as much as they wanted for a few months.

The deals can drum up demand and get travelers comfortable with flying again. They are also keeping at least some cash coming in the door, as airlines keep much of their fleets parked. Alaska Air usually runs 10 to 12 big promotions a year; it has recently been offering three a month.

Alaska Air was already keeping the middle seat open for social distancing. Its buy-one-get-one-free offer allows a pair of passengers traveling together to get their own row for the price of a single seat. On days when the Seattle Seahawks play at home, the airline, which is based in that city, offers discounts of as much as 40% depending on how many touchdowns quarterback Russell Wilson makes. Overall during the third quarter, Alaska said ticket prices were down 17%.

“We’re seeing we’re able to stimulate demand in a way we weren’t sure we’d be able to,” said Natalie Bowman, managing director of marketing and advertising.

This post first appeared on wsj.com

Do You Enjoy This Article?
Sign up for our newsletter and receive FREE access to download SuccessDigest Digital Weekly Edition for attainment of your financial freedom in the new digital economy!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.

COMMENTS

WORDPRESS: 0
DISQUS: 0
%d bloggers like this: