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If competitors balk, prices can be rolled back by monday morning. In addition, airlines do not manage their inventory as actively on weekends, so if cheap seats sell on some low cost air tickets carriers, prices automatically jump higher. Fare analysts may decide later to offer more seats at cheaper prices, but not until they come back to work on monday, according to airline pricing executives.
Do corporate travel departments take advantage of airline pricing fluctuations and buy most of their tickets mid week. How is the development of ever more sophisticated fare comparison engines, such as kayak, influencing pricing strategies.
But this definitely seems like a situation where the observer effect comes into play. Can journalists and the public extensively study airline pricing strategies without forcing airlines to respond and adjust. Technology and employment what to do with all these cheap humans. Please stay on topic and be respectful of other readers.
I come from the airline industry, more specifically, pricing and revenue management. I find the results reached in the article and the linked article untrue. To be simple as possible, the variables are too many and different from airline to another which makes it impossible to reach any conclusion about the time of the best price.
Airlines use different revenue management systems with different forecasting models and different levels of personal influence to the system. Other variables include but not limited to the time of the year, the strength of the destination in the airline network, materialization rate and trend, etc.
The only rule can reach is the earlier you purchase, the better price you get cos empty bargain fares sell cheaper. Find cheap and discount travel deals, scheduled and charter airfares and hotels that meet your budget. See this deal and more at travel ticker. Read a list of the most popular budget airlines in europe, asia and north america.
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