This paper investigates whether airline ticket prices vary based on the day of the week passengers choose to fly. Using data collected from three major ticketing sources—Southwest Airlines, Expedia, and American Airlines—for flights between St. Louis and Salt Lake City, the research examines pricing patterns across discount carriers, ticket brokers, and mainstream airlines. The study finds that discount airlines maintain consistent pricing regardless of day, while mainstream airlines and ticket brokers adjust prices significantly based on specific flights, times, and day of the week, with fares ranging from $187 to $1,145 for the same route.
The central question this paper addresses is whether airline ticket pricing varies depending on which day of the week a passenger chooses to fly. This question is important because the answer will provide valuable data for passengers who wish to save money—assuming, of course, that they have the flexibility to travel on certain days. Given that most airline passengers pay significantly more for air travel than they would for almost any other form of transportation, the potential to lower travel expenses would appeal to the vast majority of air travelers.
It is reasonable to assume that airlines track travel trends and adjust their pricing accordingly. If data show that air travel demand is lower on certain days of the week, airlines would likely reduce fares on those days to attract additional passengers. This research examines available pricing data to determine whether this hypothesis holds true in practice.
Data collection was conducted through airline websites and online ticketing agencies. The study focused on flights between two cities: St. Louis, Missouri and Salt Lake City, Utah, examining ticket prices across different days of the week. Pricing comparisons were based exclusively on non-business, non-discounted tickets to ensure consistency.
These two cities were selected because both represent heavily traveled routes, yet are not so saturated that pricing would become skewed. The ease of searching these city pairs across various ticketing websites made data collection straightforward and efficient. Pricing data were collected from three distinct sources during a one-week period in early January 2011, allowing for direct comparison across business models.
The first carrier examined was Southwest Airlines, a discount airline. Data collected from www.southwest.com showed that for the months of December, January, and February, the standard non-discounted fare from St. Louis to Salt Lake City (and vice versa) remained constant at $396. Notably, this price did not fluctuate based on the day of the week or any specific month, indicating a consistent pricing strategy regardless of demand variation.
The second source investigated was Expedia.com, an online ticket broker offering discounted fares. Unlike Southwest, Expedia displayed price variations across different days, though the fluctuations were modest. Fares on Sundays and Thursdays were $288 (one way), while Monday, Tuesday, and Saturday cost $298. Remaining days offered one-way tickets for $278. Interestingly, price changes correlated with specific dates and available flights rather than simply recurring on the same day each week.
The third source was American Airlines, representing a mainstream, full-service carrier. American Airlines offered a wide range of pricing options depending on specific flights, departure times, and availability. For example, Sunday flights from St. Louis to Salt Lake City ranged from a low of $246 to a high of $1,145. Monday pricing started at $297 and reached $931, while Tuesday through Saturday fares spanned from $187 to $911. Return flights from Salt Lake City to St. Louis demonstrated equally diverse pricing patterns.
"Business model type drives pricing variation"
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