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Abstract
The increasing use of Internet booking facilities provides analysts with a rich data source of the profile
of airline fares offered for a particular service as the time of departure approaches – “temporalfares-
offered curves.” This paper offers a critical assessment of this form of analysis. It also reviews
the empirical work that has been done using this type of data and synthesizes the information and
insights that it can provide on the operations of an airline market. The subjects covered range from
pricing strategies of low-cost and legacy carriers under different degrees of competition, to the
extent to which there is price leadership in markets, and to ways in which airlines determine faresoffered
when their schedules mean that their own services effectively compete with each other.