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Flight prices jumped $100 overnight. Any particular reason?

Posted on 8/2/16 at 11:54 am
Posted by Fun Bunch
New Orleans
Member since May 2008
115736 posts
Posted on 8/2/16 at 11:54 am
Looking at some flights to Dublin over thanksgiving (yes I know the weather will suck).

Sunday it was $550, which I consider to be a very good deal. Yesterday it jumped to $657. $550 was the price for almost 2 weeks, and has been slightly lower or slightly higher fairly consistently for awhile.

I kind of glanced around Google Flights and it looks like flights to virtually everywhere jumped significantly.

I know there are a variety of reasons why flights can jump up and down. Does anyone that follows airline prices and policy have any insight into any particular reasons for this recent price jump?
Posted by Malaysian Tiger
Manila
Member since May 2008
4732 posts
Posted on 8/2/16 at 11:56 am to
The price of Oil went down so a good time to make some Profit!!!
Posted by CuseTiger
On the road
Member since Jul 2013
8199 posts
Posted on 8/2/16 at 12:12 pm to
quote:

Does anyone that follows airline prices and policy have any insight into any particular reasons for this recent price jump?

Could just be that one airline said screw it to selling tickets that cheap and wanted to make some more profit. Most of the time europe fares only stay low for a week or two. It's different with domestic flights because their price fluctuation is usually only within ~$50 or so. International flights can go up or down by $300 overnight and nothing is out of the ordinary.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65625 posts
Posted on 8/2/16 at 2:09 pm to
quote:

Looking at some flights to Dublin over thanksgiving (yes I know the weather will suck).
Good time (in my book) to go. The only problem is that some tourist-related venues are on shortened hours or closed some days.

Have a great time, the additional $100 is aggravating but less than $700 is still a great fare.

Airline pricing (especially foreign) is cartel-esque, they collude no doubt.

Have a great trip, I love Dublin.

Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 8/2/16 at 2:39 pm to
One airline likely sold their last seat in that fare bucket. The others followed suit to price match the higher fare.
Posted by Fun Bunch
New Orleans
Member since May 2008
115736 posts
Posted on 8/2/16 at 3:18 pm to
Bastards.
Posted by convertedtiger
Baton Rouge
Member since Aug 2010
2786 posts
Posted on 8/2/16 at 3:47 pm to
When we booked our Germany flights for that time. The price would fluctuate wildly throughout the week and even throughout the day. We scored tickets to Dusseldorf for $560 round trip and two hours later, the flights were back up to $1200 and hasn't gotten very close to where it was since. They all use pretty much the same software to gauge hundreds of factors minute by minute and adjust prices accordingly. My advice, if you see a fare you like, grab it.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66422 posts
Posted on 8/3/16 at 1:06 am to
And collusion.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 8/3/16 at 5:41 am to
Eh. It's more that technology allows for it happen seamlessly now.
Posted by luvdatigahs
Alameda, CA
Member since Sep 2008
3014 posts
Posted on 8/3/16 at 6:29 am to
Why didn't you buy the tickets when the price was super cheap, if it was that price for two weeks and you didn't move on them it's kinda your own fault.
Posted by TypoKnig
Member since Aug 2011
8928 posts
Posted on 8/3/16 at 6:37 am to
quote:

The only problem is that some tourist-related venues are on shortened hours or closed some days.


Why? I'm sure the only people celebrating Thanksgiving in Ireland are ex-pats?
Posted by convertedtiger
Baton Rouge
Member since Aug 2010
2786 posts
Posted on 8/3/16 at 7:25 am to
quote:

Why? I'm sure the only people celebrating Thanksgiving in Ireland are ex-pats?


Shorter days and its coming into winter would be my guess. The Advent will also be beginning.
Posted by Fun Bunch
New Orleans
Member since May 2008
115736 posts
Posted on 8/3/16 at 10:55 am to
quote:

Why? I'm sure the only people celebrating Thanksgiving in Ireland are ex-pats?


Sun rise is at about 8:30 and sundown is at like 4:30. Its also cold and wet (it rains a lot that time of year).

So its really not an ideal time to go weather wise and all that.

However, there are far less tourists that time of year.

As of why we waited to book...my wife wanted to wait. That's about it. We were still ironing out what exactly our itinerary would be.
Posted by TypoKnig
Member since Aug 2011
8928 posts
Posted on 8/3/16 at 6:24 pm to
Thanks
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65625 posts
Posted on 8/3/16 at 11:32 pm to
quote:

Why? I'm sure the only people celebrating Thanksgiving in Ireland are ex-pats?
I never inferred that it had anything to do with the American Thanksgiving holiday, as some other posters pointed out, it's that there's little demand from anyone. The days are short and the weather can be raunchy, but not enough to stop you from doing and seeing many things there if you have the right clothing, shoes/boots & outerwear.

Also, there's some photo ops that time of year that are wonderful.

And (mostly) only the natives are in the pubs.

Good luck.
Posted by Cleanmatt
Who Dat Nation
Member since Oct 2010
2851 posts
Posted on 8/5/16 at 12:16 am to
I'm trying to book a flight for my gal to meet me in Detroit next month. The price was $54 on Spirit a not that long ago. Last week it went up to $94. $114 yesterday and today they are $144.
Almost every other day in September is $49 or $54 except for Sundays and Labor Day.
Posted by SM6
Georgia
Member since Jul 2008
8798 posts
Posted on 8/5/16 at 9:41 am to
Airlines sell tickets in fare bands, or classes. If you look closely at your ticket you will see a fare clas or a longer series of letters and numbers as a code. For example, X,L,U,S,T,B,M,Y. Each fare class has certain restrictions around it (length of trip, routing, duration, etc.). As you go up the band, there are fewer restrictions (and higher prices), until you reach Y, which is the fully refundable, no restriction coach class fare.

Airlines allocate a number of seats on each flight to each fare band through a very complex revenue management process. Once the number of seats within a fare band are bought up, the cheapest fare is in the next higher band. If you have a connecting itinerary, the proartion is based on band band. For example, if MSY-ORD is available in X band (very cheap coach) but ORD-DUB is only available in the M band (mid-priced coach) you will pay proportionately, which is largely the M fare.

Hope this makes sense.
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