Quote:
Originally Posted by Riise
I think someone needs to call BNN out on Twitter.
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In my experience with the national media, trying to correct them is just a waste for time. Local media is just the opposite, they are generally very responsive through twitter.
Quote:
Originally Posted by Bigtime
Fellow avgeeks, looking at booking a trip over Spring break 2016. Should I purchase now or wait a little longer? Any guesses on if the fares will change much?
YYC-PTY (obviously with stops along the way since no non-stop exists).
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My recommendation is to hold off for now. The price for YYC-PTY is the same for near last minute travel as it is for March 2016; this suggests the booking curve has yet to kick in. The booking curve is a chart representation of airfares over a specific time period with x Axis being time (departure date on the right side of the graph) and Y axis being price. It is best represented by a horizontal banana. There are two types of banana booking curves.
(1)First type is where the top of the banana is to the left. This type has a steep drop early in the booking process followed by a slow rise as the airplane fills up with pax. YYC-LAS is like this. 90 days out the price drops dramatically and then slowly increases as the plane fills out.
(2) Second type is the opposite, slow price decreases at the start of the booking curve followed by a steep rise as time passes and closer to the departure date. YYC-YYZ is like this. Slow decrease in price until about 21 days before departure, then a sharp rise in price to get max dollars out of the business traffic.
I suspect that for YYC-PTY travel in March 2016 we are before the start of the booking curve (i.e. before seat sales).
Schedule changes are another risk to booking this far out. For YYC-PTY the options are:
- AC through YYZ
- UA through IAH
- AA through DFW
AC flights operate 3 times per week, are the cheapest option, and have longest travel distance and time. The biggest problem, AC flights have an overnight in YYZ.
UA flights operate daily, are the second cheapest option, and have viable travel and connection times. The problem here is that UA is highly susceptible to make changes to routes and equipment until about 90 days before departure. Additionally only the UA 6:30am or the AC 8:30am departures connect to IAH-PTY. If YYC-IAH is doing as bad as rumored, I highly suspect that AC and UA will coordinate frequencies to better match demand.
AA flights are nice from travel time and connection perspective, but are $300 more than AC/UA. Also, if AA gets scared due to lower business traffic demand from Oil, a change to the early morning YYC-DFW flight would be disastrous.