Fare classes are categories of airfares that determine the price and flexibility of a ticket, playing a vital role in the airline industry's revenue management.
Unbundling refers to the sale or separation of peripheral parts of a business to concentrate on its core activities, or the process of breaking a product into separate components and selling each component individually.
A comprehensive definition and analysis of Revenue Passenger Mile (RPM), its significance in the transportation industry, calculations, examples, historical context, and related metrics.
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