Customers who suffered from Thomas Cook’s bankruptcy criticize airline companies. They believe that they are trying to benefit from the situation by sky-high ticket prices.
The travellers with the company’s booked flights are now trying to find alternative ways to get to their destinations. But in some cases the cost of the offers they get is doubled or tripled. For instance, there is a £6,000 deal as a replacement for a flight to New Your next month.
And the travellers want to know why the prices go up: whether it is a matter of sudden demand as a lot travellers just have to change their tickets at the very last minute or some other reasons. Or airlines companies might want to take advantage of the situation and get profits.
The prices are formed in accordance with a lot of factors. The number of seats left on the plane, the search results, popularity of destinations, season and situation at the air market are among them. So, the price is what a traveller gets under the influence of these factors.
There is a computer algorithm which takes into account these factors and changes the prices every minute. So when Thomas Cook customers started searching for alternative flights they created a boom and the computer system responded correspondently.
Moreover, the airline companies face winter season which is not so beneficial as summer one. That is why their desire to get as much as they can might be justified in some way. Moreover, they provide alternative ways of getting to the routes of interest at a short notice.