Airfare Volatility Tracking

FairFly has access to and analyses billions of air travel data points to produce the Airfare Price Volatility Index – the higher the number the more volatile pricing is

Airfare Price Volatility Index

The FairFly Airfare Price Volatility Index shows the magnitude of fluctuations by which airlines are repricing flights and their deviation from the previously filed fares. At times where volatility is high, there is a far higher risk of paying too much for business travel. It also demonstrates the importance of using a price assurance and airfare price tracking tool in order to mitigate that risk.

Methodology & Data Sources

Extracting relative price changes on a minute-by-minute basis from the FairFly Faresaver engine. FairFly is able to determine the relative volatility of the millions of fares that are tracked and the billions of data points we analyse. Based on deviations from the filed and booked fares we can determine for any given period the relative volatility of airfare prices.

MonthAirfare Price Volatility Index
January 202085.8
February 202094.8
March 202081.0
April 202065.3
May 202034.8
June 202048.7
July 2020122.6
August 2020148.4
September 2020
October 2020
November 2020
December 2020

Airfare Price Change Index

The FairFly Airfare Price Change Index is a measure of how frequently airlines are repricing flights and is a reflection on certainty around market conditions, competitor pricing as well as supply and demand.

Methodology & Data Sources

Extracting the frequency of price changes made by airlines on a minute-by-minute basis from the FairFly Faresaver engine. FairFly is able to determine and index how often airlines are updating their fares. Based on relative volumes FairFly produces a standardized industry benchmark using the billions of data points the platform analyzes.

MonthAirfare Price Change Index
January 2020124.3
February 202084.4
March 202080.1
April 2020141.2
May 2020104.2
June 202073.36
July 2020120.3
August 2020195.3
September 2020
October 2020
November 2020
December 2020

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