In most of the world today, fares charged, and pricing strategies are set by…
A) Government
B) Industry bodies
C) ICAO
D) Airline management
E) None of the above

Question

Quizplus · Accepted Answer

Fares charged and pricing strategies are set by airline management. While some government regulations and industry standards may influence pricing, ultimately the airlines have the autonomy to set their own fares and pricing strategies based on demand, competition, and other factors.

In Most of the World Today, Fares Charged, and Pricing