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Old 5th Jun 2004, 21:01
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The SSK

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I think the phrase is 'demand pricing'

I like to think I was one of the pioneers of yield management at BA when, back in the mid-1970s, one of my jobs was to set the capacity allocations for the newly-introduced APEX fares on North Atlantic flights, by the simple process of looking at last year's loads, day-by-day, and deciding, off the top of my head, whether we could spare 5, 10, 15 or 20 on a VC10, maybe as many as 50 on a 747.

I think techniques have evolved since then.
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