Download - FLYR Weekly 2015-03-16
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 2015
Notes• United Airlines appears to have implemented a systematic $0.40 change across all flights in
the US, on a standalone basis.• The extent of JetBlue’s price hikes have abated somewhat, but still more extensive than
peers.
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 2015
Notes• The massive extent of the changes at United means that the median hike is substantially $0 (when
rounding $0.40 to the nearest whole dollar)• Delta and American/US continued to see some pretty similar price volatility profiles.
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 2015
Notes• In terms of the top fare hikes, it is not surprising to see United-heavy routes be
represented. San Francisco and Houston are both hubs for UA.
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 2015
Notes• Fare drops were on the sparse side this past week, with the top 10 locations with greatest
% of drops keeping around the 20% range.
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 2015
Notes• We see the $100 price change interval at work in the chart on the left. When airlines raise
or drop the fare on a certain flight, it is usually by a fairly round number.
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 2015
• Except for some usual suspects here, fares didn’t appear to move much on a dollar basis.
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 2015
Notes• You can see the impact of
some UA-heavy routes here, such as the ORD-SFO and ORD-LAX flights, both with a median increase of (almost) zero.
• So far, we’ve only noticed the 40 cent markup on United flights. One advantage is that most itineraries should be priced at a rounder number, like $XXX.50 or $XXX.00.
TRENDS AMONG 25 MAJOR AIRPORT ROUTES
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 2015
ABOUT OUR DATA
• We observed the cohort of non-stop US domestic airfares departing March 21, 2015 to April 25, 2015, or roughly on a one-week to six-weeks forward basis.
• These fares were observed over a seven-day period ending March 14, 2015.• Most commercial carriers in the US are represented.
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Data cohort: Flights departing March 21, 2015 – April 25, 2015 • Observation period: 7 days ending March 14, 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 [email protected] De Boom St., San Francisco, CA 94080