flyr weekly 2015-04-13
TRANSCRIPT
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Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 2015
Notes• Fares were mostly stable this past week. We see the tail end of Delta’s repricings (initiated
the week prior), where prices have retreated by an even $3.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 2015
Notes• Once again we see some popular intervals of change being represented among the median fares,
including $10, $15, $20, and $30.• Delta’s $3 median fare drop represents what is likely the end of the current round of fare creep
changes.
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Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 2015
Notes• As last week’s fare hikes were heavily weighted towards Delta-served airports, so are this
week’s fare drop cities.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 2015
Notes• We rarely have such a smooth gradient as we do for the fare hikes on the left.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 2015
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 2015
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 2015
Notes• Dallas/Chicago seeing
an uncommonly widespread (and not trivial) drop in fares. 79% of flights dropped by a median $39.
• New York/LA similarly saw some hefty savings on 43% of flights, dropping by a median $121.
• The craziness seems to have dissipated on LA/O’Hare, where 17% of flights went down by a jaw-dropping $361!
TRENDS AMONG 25 MAJOR AIRPORT ROUTES
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 2015
ABOUT OUR DATA
• We observed the cohort of non-stop US domestic airfares departing April 18, 2015 to May 23, 2015, or roughly on a one-week to six-weeks forward basis.
• These fares were observed over a seven-day period ending April 11, 2015.• Most commercial carriers in the US are represented.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing April 18, 2015 – May 23, 2015 • Observation period: 7 days ending April 11, 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