Why do airlines use the following strategies? Airlines must employ sophisticated revenue management systems and strategies to balance pricing and inventory management practices effectively. This involves accurately forecasting demand, adjusting pricing and seat availability in real-time based on market conditions, and optimizing inventory allocation to maximize revenue. Additionally, airlines can implement pricing strategies such as segmenting markets, offering differentiated fare classes, and utilizing ancillary services to capture additional revenue streams. Furthermore, airlines can employ overbooking techniques to mitigate the impact of no-shows and cancellations, ensuring optimal capacity utilization while minimizing revenue losses. By continuously monitoring market trends, consumer behavior, and competitor strategies, airlines can adapt their pricing and inventory management practices to maintain competitiveness and maximize revenue potential in the dynamic aviation industry. A strategic and data-driven approach to revenue management is essential for airlines to achieve profitability and long-term success in a highly competitive market