How to Find Trends in Air Fares

Airline ticket prices often seem to follow no set pattern for the costs. You may be sitting next to someone on the same flight who paid hundreds less than you for a comparable seat, or you may be the fortunate one who got the better deal. There are set historical data you can find to chart the trends in air fares. With the advent of online information and technology, locating this information has become a straightforward task.

Things You'll Need

  • Scientific calculator
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Instructions

  1. Fare Tracking Websites

    • 1

      Write down the areas of travel you wish to find trends for. For example, if you hope to see what the trends are for travel between Los Angeles and New York City, you would write these cities down along with any nearby major airports.

    • 2

      Log on to tracking websites such as FareCompare.com.

    • 3

      Enter in your regions of choice and all other information fields to get the air fare trends.

    Calculating Trends

    • 4

      Gather fare data over a set period of time, say 10 years.

    • 5

      Enter this data into a set of prediction algorithms. The Levinson-Durbin Recursion is such a prediction algorithm to use for the task. Use the scientific calculator for the data entry and algorithm calculations.

    • 6

      Collect the results after the calculations to see trends in airfares based on dates, times traveled and how the fares change.

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