FlyerTalk Forums - View Single Post - Parsing Fare Basis Code
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Old Jun 23, 2015 | 11:00 am
  #5  
wonderfullyrich
 
Join Date: Aug 2008
Posts: 3
Originally Posted by sinoflyer
I'm assuming that you are attempting to buy a roundtrip ticket with the intention of using only the outbound, and then requesting for a refund minus the €190 fee.
Maybe, I'm not sure about the the return flight, which is why I'm looking at a flexible fare. I thought it was interesting to try and figure it.

It has made me curious about analyzing the historical one-way fare price and price modeling for things like this. I found this paper on Dynamic Airline Pricing and Seat Availability and realized more of what the airlines are doing, but the analysis is domestic and doesn't include anything but non-stop flights and excludes the effects of changeable tickets. Change fees, cancellations, are something I consider for many of my flights.

Do you or mherdeg have any idea what technique they use for the historical fare price one-way. Straight mean, mode, median, and over what period? Or is it just a dummy booking one-way on non-holiday mid-week day?

Originally Posted by sinoflyer
These are basically the same fare, but differentiated by day of travel: V booking class, High (summer) season, X for weekday (I presume lower fare) and W for weekend (slightly higher fare). I don't know the rest...

Good to know, I assume this is airline specific, but fairly static?
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