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"The price of an airline ticket depends on several factors," explained Maria Atanasova, a manager of Flights365, an online agency that specializes in fare bargains. "They include availability ...
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A reduced fare program refers to special programs providing particular passengers with a discounted fare option for travel on a public transport system. In the United States, public transportation systems that receive federal funding are required to offer, at minimum, half fares to the elderly and handicapped persons during off peak travel. [1]
To make up for revenue lost in decreased ticket prices, the airline may charge extra fees, such as for carry-on baggage. The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. The term is often applied to any carrier with low ticket prices and limited services ...
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