Originally Posted by
LGS6753
If Ryanair did as DJ6 suggests, they may as well buy out the £10 fares on popular flights close to departure and sell the seats for £200!
LGS understands what I mean. This should happen only on flights which initially have weaker-than-expected demand but then nearer departure date sell more strongly than predicted. Better to sell a £200 fare plus (potentially) luggage and give the person who paid £20 and who never pays for baggage, seat selection or other highly profitable ancillaries a voucher in exchange for cancelling (formally) their right to fly. Of course, the passenger who paid £20 has to agree to this voluntarily - but I'm guessing that some who paid peanuts three months in advance for a ticket will know a week before departure that they are very unlikely to show up for the flight and will happily take a voucher.
You can use all kinds of algorithms including AI (and yes, I can talk for hours about deep learning) to predict the number of no-shows... but you always get better outcomes to algorithmic results if you apply a bit of human insight.