Fare

In aviation, fare refers to the price paid by a passenger for a ticket to travel on a particular flight. The fare may vary depending on factors such as the class of travel, the destination, the time of year, and the demand for seats. Airlines use complex pricing algorithms to determine fares that will maximize revenue while filling as many seats as possible. Fares may also include additional charges for services such as checked baggage, seat selection, and in-flight meals. In some cases, fares may be refundable or changeable for a fee. Overall, fares play a crucial role in the airline industry as they directly impact an airline's profitability and competitiveness.

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Fare

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