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There Is No Trick To Getting A Good Deal On Flights: Researchers

Erin Marquis
·2 min read
A board displays the status of arriving flights at the internatinal airport in Frankfurt am Main, western Germany, on October 12, 2023.
A board displays the status of arriving flights at the internatinal airport in Frankfurt am Main, western Germany, on October 12, 2023.


A board displays the status of arriving flights at the internatinal airport in Frankfurt am Main, western Germany, on October 12, 2023.

Science, it can be depressing sometimes. Case in point; a gaggle of researchers from various colleges came together and found that there is no one weird trick for getting cheaper flights. In fact, airlines are probably leaving money on the table by not having a better system for pricing flights.

Oh sure, you probably heard on your morning news show that tickets are cheaper if you fly out on Thursdays after a full moon, and when the corn harvest has been plentiful, but that’s all hogwash. Five researchers—one from the University of Berkley, two from the University of Chicago and two from the University of Texas-Austin—crunched the numbers and then wrote a paper about airline ticket prices in the Quarterly Journal of Economics. Their research found that airlines just don’t operate like any other business, making the search for a deal a waste of time, assistant professor of marketing at the Haas School of Business Olivia Natan told Physics.org:

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“Airline tickets are sold through global distribution systems that make sure a travel agent in Wichita sees the same price as you do on your computer at home,” Natan says. This system emerged from an industry alliance to facilitate inventory management. Other businesses in the travel sector, like hotel rooms, cruises, trains, and car rentals do the same.

Add in a rigidity in calculating flights, lack of communication between departments at airlines and the difficulty in predicting demand and you’ve got ticket prices that are more up to the whim of the gods than any trickiness or sleight of hand. The entire story is a fascinating glimpse into this common modern headache. You can read it here.

Correction: This report originally failed to include Olivia Natan, assistant professor of marketing at the University of California Berkeley Haas School of Business, as a co-author of this paper. This report has been updated to reflect her contribution. We regret the error.

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