Are airlines' price-setting strategies different?

Bilotkach, Volodymyr, Gorodnichenko, Yuriy and Talavera, Oleksandr (2010) Are airlines' price-setting strategies different? Journal of Air Transport Management, 16 (1). pp. 1-6. ISSN 0969-6997

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Official URL: http://dx.doi.org/10.1016/j.jairtraman.2009.04.004

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.

Item Type: Article
Uncontrolled Keywords: airline industry, price dynamics, airline fares
Subjects: L100 Economics
N100 Business studies
N800 Tourism, Transport and Travel
Department: Faculties > Business and Law > Newcastle Business School > Business and Management
Depositing User: Ay Okpokam
Date Deposited: 20 Dec 2011 09:43
Last Modified: 10 Aug 2015 11:04
URI: http://nrl.northumbria.ac.uk/id/eprint/4312

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