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#11
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![]() "NW_PILOT" wrote in message ... Lack Of Usage Of Basic "Econ 101" in GA Aviation will be its downfall, And this relates how??? |
#12
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Bob Noel wrote in message ...
In article fIspd.85397$V41.82999@attbi_s52, Just to give you more fun, to fly roundtrip BOS-CID-BOS thru ORD was recently $327.90. That's a big change from two or three years ago. I used to make that run regularly to service a client out there (Rockwell Collins) and those were some of the most expensive tickets I ever bought domestically. Regularly $800 and I paid as much as $1500 on less than 3 days' notice. I hated going there because the area was such an armpit but god bless the client, they never bitched about ticket prices. btw - how long would it take to drive from Chicago to Cedar Rapids? About 4 hours IIRC. If you can do it without running off the road just to break up the monotony you're a better man than I. Best, -cwk. |
#13
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#14
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In article , Bob Gardner wrote:
Could it be because they have to file tariffs with regulatory agencies, declaring their prices in advance? Probably not. SouthWest airlines, at least, offers cheap last minute fares to get the planes full. I often took advantage of this to take trips to see friends in SLC which I otherwise would not have made. Benefited me (cheap trip) and benefited SWA (they otherwise would have had an empty seat). Not surprising that the year after Sept 11, SWA were the only major to make money. They were the only major with a clue, it seemed. We have the same problem here with British Airways flying into Isle of Man Ronaldsway. They charge a king's ransom especially for last minute fares, and wonder why although traffic through the airport has increased the last year, why their passenger loadings have fallen. I just hope they don't wind up pulling out because they are the only airline that does through ticketing from Ronaldsway to the US. -- Dylan Smith, Castletown, Isle of Man Flying: http://www.dylansmith.net Frontier Elite Universe: http://www.alioth.net "Maintain thine airspeed, lest the ground come up and smite thee" |
#15
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Jay Honeck wrote:
Here's a mystery that I just cannot answer: To fly to Las Vegas from Chicago costs $99.00. (For example.) To fly to Cedar Rapids from Chicago costs $300. snip There must be something else in play here -- anyone know? The only way to understand airline ticket pricing is to think about it in terms of how much a person needing to go to destination X will pay vs. how many competing airlines go there. -- Frank....H |
#16
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In article , Bob Gardner wrote:
Could it be because they have to file tariffs with regulatory agencies, declaring their prices in advance? I thought that was what deregulation was about--removing that requirement. If they really have to do that, then Northwurst must have a department with thousands of people filing these constantly, since I see ticket prices for the same leg change several times in an hour. Of course, I have no idea what the requirements really are--I'm just reporting my experience as a consumer (package, that is). One possibility is that people on shorter hops might be better about actually taking advantage of last-minute fares--maybe no one would buy and advance ticket then. It sure does seem like a no-brainer, though. Mike Beede |
#17
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Are you referring to the Freddie Laker and People Express models?
The problem is having sufficient capacity to accommodate those you still do not have seats for after you have filled the first airplane. That was People Express' downfall. They didn't have the ability to have the right equipment at the right airport to meet the demand. Jay Honeck wrote: Here's a mystery that I just cannot answer: To fly to Las Vegas from Chicago costs $99.00. (For example.) To fly to Cedar Rapids from Chicago costs $300. Naturally, at that price practically no one flies on that plane into Cedar Rapids. Question: WHY do the airlines that fly into Cedar Rapids insist on flying back and forth with mostly empty planes? Would it not make sense, say, 30 minutes before departure, to drop the price until the plane was full? This is basic "Econ 101" -- if empty, lower the price until demand matches supply. Their actions seem to defy logic. In the lodging industry, you're going to find rooms are discounted much more aggressively after 10 PM than they are at 3 PM, simply because no innkeeper wants to sit empty, and the odds of being able to charge full-rate at that time of day are slim. Yet no airline seems to do it this way, at least on the short hops. If it were MY airline, I'd sure as hell rather make a hundred bucks than nothing! There must be something else in play here -- anyone know? |
#18
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Clearly airline prices - commuter or otherwise - are the product of a
black art, probably involving the sacrifice of small critters to arrive at a price. A couple of years ago I needed to fly from Chicago to Jackson Hole (ORD - JAC). I had to go one-way - I was driving back with an old friend. One way air fare was about $800. Round trip was $500! How's that for logical? JJF Jay Honeck wrote: Here's a mystery that I just cannot answer: To fly to Las Vegas from Chicago costs $99.00. (For example.) To fly to Cedar Rapids from Chicago costs $300. Naturally, at that price practically no one flies on that plane into Cedar Rapids. Question: WHY do the airlines that fly into Cedar Rapids insist on flying back and forth with mostly empty planes? Would it not make sense, say, 30 minutes before departure, to drop the price until the plane was full? This is basic "Econ 101" -- if empty, lower the price until demand matches supply. Their actions seem to defy logic. In the lodging industry, you're going to find rooms are discounted much more aggressively after 10 PM than they are at 3 PM, simply because no innkeeper wants to sit empty, and the odds of being able to charge full-rate at that time of day are slim. Yet no airline seems to do it this way, at least on the short hops. If it were MY airline, I'd sure as hell rather make a hundred bucks than nothing! There must be something else in play here -- anyone know? |
#19
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![]() "Bob Noel" wrote in message ... In article , (C Kingsbury) wrote: btw - how long would it take to drive from Chicago to Cedar Rapids? About 4 hours IIRC. If you can do it without running off the road just to break up the monotony you're a better man than I. Understood, but just waiting around ORD for the connecting 30 minute flight is more annoying than driving for 4 hours. Last time I went to RCGS we could have driven faster (both the ORD to CID and CID to ORD legs). I was a Delta/NWA man so I dodged the O'Hare bullet more often than not. But between summer thunder and winter snow I got stuck more often there than any other single place I remember. One time I was grateful though- I was supposed to be flying there on Superbowl Sunday three years back, and a big storm was working its way East shutting down everything in its path. So I got to watch the Pats win at a friend's place in Somerville instead of getting updates over the PA at FL350. I truly despise O'Hare. Cincinnati and Atlanta are pretty grim too but not nearly as awful. And NWA's Detroit hub is possibly my favorite, though the terminal it replaced was truly abysmal. -cwk. |
#20
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![]() "Jay Honeck" wrote in message news:fIspd.85397$V41.82999@attbi_s52... Question: WHY do the airlines that fly into Cedar Rapids insist on flying back and forth with mostly empty planes? Would it not make sense, say, 30 minutes before departure, to drop the price until the plane was full? This is basic "Econ 101" -- if empty, lower the price until demand matches supply. Nobody goes to or from Cedar Rapids for the heck of it. Either you live there or are going for business. If you're a resident then you've made plans weeks in advance, and if you're on business you'll go regardless of price (more or less). In fact last-minute prices are usually exorbitant because people who buy last-minute tickets mroe often *need* to get there and thus are willing to pay a lot more. If you're planning a vacation six months from now and tickets to Vegas are $99 and Tampa are $500 then you'll go to Vegas. OTOH if your client in Tampa is threatening to give the account to your competitor then you'll pony up thousands without a second thought, so the airlines take the opportunity to stick it to you. What's destroying this is the presence of low-cost carriers with very simple price models where you don't see 5-1 or 10-1 price disparities between day-of and advance-purchase tickets. FWIW in Europe I see a lot more of these "last minute bargain" deals in Europe. The travel agents at the airport frequently sell all kinds of super-cheap seats on flights leaving literally that day. I think this is more popular there because (1) they have less money to spend and (2) they take a lot more vacations so they're willing to "take a chance" and wing it. -cwk. |
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