How it works
There are times when so many fliers are requesting a particular hour that we might not have enough seats to fulfill the demand including holidays, popular Focus Flights, and premium time slots like Sunset that may cause basic fares to appear higher than advertised.
In these cases of high demand, prices will increase to organically push passengers to a time slot that might be more conducive to our operational bandwidth. This system is called “dynamic or surge pricing”, and it allows FlyNYON to continue to operate safely and efficiently during our busiest times.
Whenever rates are raised due to surge pricing, the FlyNYON booking & reservations platform will show you a fare higher than the retail value of the seat along with the number of seats remaining on that hour. Some passengers will choose to pay the incremental amount and some might choose to fly at a different time where rates are closer to retail.
Keeping it affective & accurate:
Surge pricing works because it is directly tied to the level of marketplace imbalance. Here’s how we try to balance reliability for fliers:
Algorithm-controlled: Surge pricing is automatically activated by an algorithm that detects shifts in flier demand and aircraft availability!
Real-time updates - Because flier demand and aircraft availability changes constantly, prices update as passengers book available seats. Real-time updates help flier prices reflect supply and demand.
Keep in Mind:
If you purchased or have been gifted a Buy Now Schedule Later or Groupon voucher, you might be subject to paying the difference in fare due to surge pricing settings after your initial purchase.
Want to learn more about Dynamic Pricing? Give us a call at (855) 696-6247 or email us at email@example.com.