Are airlines' price-setting strategies different?

Volodymyr Bilotkach; Yuriy Gorodnichenko; Oleksandr Talavera

doi:10.1016/j.jairtraman.2009.04.004

Are airlines' price-setting strategies different?

Volodymyr Bilotkach, Yuriy Gorodnichenko, Oleksandr Talavera

Northumbria University

Research output: Contribution to journal › Article › peer-review

46 Citations (Scopus)

Abstract

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.

Original language	English
Pages (from-to)	1-6
Journal	Journal of Air Transport Management
Volume	16
Issue number	1
DOIs	https://doi.org/10.1016/j.jairtraman.2009.04.004
Publication status	Published - Jan 2010

Keywords

airline industry
price dynamics
airline fares

Access to Document

10.1016/j.jairtraman.2009.04.004

Cite this

@article{d68c38dae4de4eda849a10248f0357c6,

title = "Are airlines' price-setting strategies different?",

abstract = "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.",

keywords = "airline industry, price dynamics, airline fares",

author = "Volodymyr Bilotkach and Yuriy Gorodnichenko and Oleksandr Talavera",

year = "2010",

month = jan,

doi = "10.1016/j.jairtraman.2009.04.004",

language = "English",

volume = "16",

pages = "1--6",

journal = "Journal of Air Transport Management",

issn = "0969-6997",