flyr weekly 2015-05-18
TRANSCRIPT
US Airfare Trend Report
Week of May 18, 2015
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Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 2015
Notes• Seeing some appreciable hikes among all the upstart carriers this week: Alaska, Frontier,
JetBlue, Spirit, and Virgin.
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Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 2015
Notes• Prices hikes also appear to be significant in magnitude, with those widespread fare hikes resulting
in $15-47 median changes.
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Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 2015
Notes• JFK remains quite volatile, with significant portions of fares reflecting hikes and drops. This
week, EWR joins in on the fun, with nearly half of fares seeing hikes.
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Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 2015
Notes• Interestingly, Boston, is also seeing some unusually widespread downside volatility.
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Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 2015
Notes• Surprise from Washington/Reagan airport – seeing median $100 fare drops on about 8% of
their flights.
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Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 2015
Notes• …and similarly on a destination basis. 8% of flights to Washington / Reagan seeing $130
drops in this view.
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Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 2015
Notes• The LA/Chicago route
saga continues, with 93% of our tracked fares going up by $23. Interesting to see that the magnitude of change every week has been getting smaller with equally widespread changes.
• JFK/LAX is also seeing an appreciable $62 median increase for 71% of flights.
TRENDS AMONG 25 MAJOR AIRPORT ROUTES
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Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 2015
ABOUT OUR DATA
• We observed the cohort of non-stop US domestic airfares departing May 23, 2015 to June 27, 2015, or roughly on a one-week to six-weeks forward basis.
• These fares were observed over a seven-day period ending May 16, 2015.• Most commercial carriers in the US are represented.
FLYR Inc.fb.com/getflyr FLYRLabs.com @FLYR_Research
Data cohort: Flights departing May 23, 2015 – June 27, 2015 • Observation period: 7 days ending May 16, 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