flyr weekly 2015-03-23
Post on 18-Jul-2015
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US Airfare Trend Report
Week of March 23, 2015
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
Notes• JetBlue is again an outlier here, with more widespread hikes at the 7-14 days out mark.• Since our previous report, United rolled back the previous week’s 40-cent increase, then
immediately reinstated it. Fares are thus still more likely to end in a ~.00 or ~.50 than the more standard ~.10 and ~.60
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
Notes• Where JetBlue now takes the prize for most widespread fare hikes, Virgin America is the winner for
most drastic fare hikes (of the fares that did change)
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
Notes• We’re back to some familiar names here, with none of the large hubs seeing drastic pricing
in either direction.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
Notes• While decreases were quite extensive among the usual airports this past week, the median
drops were between $1-10
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
Notes• Only one flight out of Jackson, MS increased in fare. But it was a big increase.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
• 15% of flights to in NYC (over 1300 flights in this cohort) dropped in price, at a median decrease of $67.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
Notes• There were few drastic
changes during the past week of observation.
• A couple major flights involving Chicago O’Hare saw widespread increases of moderate magnitude: the Boston- and LGA-ORD shuttles.
• Flights to Hawaii firmed up slightly.
TRENDS AMONG 25 MAJOR AIRPORT ROUTES
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
ABOUT OUR DATA
• We observed the cohort of non-stop US domestic airfares departing March 28, 2015 to May1, 2015, or roughly on a one-week to six-weeks forward basis.
• These fares were observed over a seven-day period ending March 21, 2015.• Most commercial carriers in the US are represented.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing March 28, 2015 – May 1, 2015 • Observation period: 7 days ending March 21, 2015
ABOUT FLYR
FLYR is a data science company that constructs technologies to predict and mitigate future airfare volatility. Our goal is to develop tools that are able to neutralize uncertainty in travel planning.
Our open airfare prediction beta is currently available at http://www.getFLYR.com.
We welcome your comments and questions, as well as ideas and suggestions for future reports.
Steady Travels,FLYR Research
© 2014-2015 FLYR Inc. All Rights Reserved.
All data, charts, and commentary are provided for informational purposes only.Permission to reproduce the contents contained herein must be obtained with prior consent of FLYR Inc.For reproduction/distribution authorizations or other media requests, please contact:
Andrew JingFLYR Inc.andrew@FLYRLabs.com89 De Boom St., San Francisco, CA 94080
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