flyr weekly 2015-02-23

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  • US Airfare Trend Report

    Week of February 23, 2015

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 21, 2015

    Notes Since the prior weeks widespread, multi-carrier fare hike, we saw broad reversals this past

    week, as expected. American/US, United, and JetBlue all seeing broad fare drops.

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 21, 2015

    Notes After AA/US and United raised fares on most of their inventory by $3, they got reversed by exactly

    the same amount. For more information on this phenomenon, refer to last weeks research post on story.getyr.com

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 21, 2015

    Notes Chicago Midway has an above-average fare hike for this current cohort, indicating some

    tighter inventory for price-setter Southwest. The fare drop chart indicates the chief beneciaries of the hike reversal this past week.

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 21, 2015

    Notes Flights on most routes to the airports above are open to future fare prediction on

    getFLYR.com

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 21, 2015

    Notes Looking at fare volatility ranked by magnitude, we observe a fare change prole similar to

    that of any other week. Even though over 99% of fares from Savannah did not budge at all, the fares that did move

    shifted considerably.

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 21, 2015

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 21, 2015

    Notes The previous weeks sea of

    red gave way to this weeks sea of green, as major routes are reecting the backtracking of the prior periods attempted system-wide fare increase.

    Note the spread of the $3 shift point, which was the most common price change interval this time around.

    TRENDS AMONG 25 MAJOR AIRPORT ROUTES

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 21, 2015

    ABOUT OUR DATA

    We observed the cohort of non-stop US domestic airfares departing February 28, 2015 to April 4, 2015, or roughly on a one-week to six-weeks forward basis.

    These fares were observed over a seven-day period ending February 21, 2015. Most commercial carriers in the US are represented.

  • FLYR Inc. fb.com/getflyr FLYRLabs.com @FLYR_Research

    Data cohort: Flights departing February 28, 2015 April 4, 2015 Observation period: 7 days ending February 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. In the (near) future, we want such tools to be as ubiquitous and easy to use as a weather forecast. Our open airfare prediction beta is currently available at http://www.getFLYR.com. In studying the frequent changes in airfares, were constantly gathering and analyzing a huge body of fare information. From this raw input, our team of data scientists and researchers collect and curate a number of key points to present in this report on a periodic basis we hope it is of interest to travelers and industry observers alike. 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 Jing FLYR Inc. andrew@FLYRLabs.com 89 De Boom St., San Francisco, CA 94080