Business and first-class plane tickets are expensive
for a reason. The difference between flying economy and business/first-class is night and day, and basic market forces dictate that these upgraded
experiences should be significantly more costly.
If you’re a frequent luxury-class flyer however, you may have gotten the feeling that sometimes the price of the tickets may just be slightly detached from their true market value. That feeling, it turns out, is accurate. “Airlines use very complex pricing schemes for luxury-class tickets that often have zero relationship with supply and demand of the actual luxury-class tickets”, says Yosef Rosenzwei...