TY - JOUR
T1 - Are airlines' price-setting strategies different?
AU - Bilotkach, Volodymyr
AU - Gorodnichenko, Yuriy
AU - Talavera, Oleksandr
PY - 2010/1
Y1 - 2010/1
N2 - Using a sample of fare quotes for non-stop travel from New York to London, this paper documents a set of stylized facts about pricing strategies of air carriers on this route. Two key facts stand out. First, airlines appear to employ strikingly different pricing strategies. Second, fares increase at an accelerated rate as the departure date approaches.
AB - Using a sample of fare quotes for non-stop travel from New York to London, this paper documents a set of stylized facts about pricing strategies of air carriers on this route. Two key facts stand out. First, airlines appear to employ strikingly different pricing strategies. Second, fares increase at an accelerated rate as the departure date approaches.
KW - airline industry
KW - price dynamics
KW - airline fares
U2 - 10.1016/j.jairtraman.2009.04.004
DO - 10.1016/j.jairtraman.2009.04.004
M3 - Article
SN - 0969-6997
VL - 16
SP - 1
EP - 6
JO - Journal of Air Transport Management
JF - Journal of Air Transport Management
IS - 1
ER -