When is the right time to fly? The case of southeast asian low-cost airlines
Tang, Chun Meng, Bhati, Abhishek, Budisantoso, Tjong, and Lee, Derrick (2014) When is the right time to fly? The case of southeast asian low-cost airlines. In: Proceedings of the Australian Academy of Business and Social Sciences Conference. From: AABSS 2014: Australian Academy of Business and Social Sciences Conference, 25-26 August 2014, Kuala Lumpur, Malaysia.
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Abstract
This paper examines whether airfares of three Southeast Asian low-cost airlines, i.e. AirAsia, Jetstar and Tigerair, vary according to flight departure time, flight departure day, and flight origin and destination. Data was gathered by visiting the flight booking pages of the three low-cost airlines between September 28, 2013 and October 27, 2013. The data set consisted of flights originating in Singapore (SIN) to Jakarta (JKT), Kuala Lumpur (KUL), Bangkok (BKK) and vice versa. In total, there were 3,450 cases in the data set. The cases were categorized by airfare, flight departure time, and flight departure day. An ordinal logistic regression analysis showed that airline, flight departure day, and flight origin and destination resulted in statistically significant differences in airfare. However, flight departure time did not.
Item ID: | 35418 |
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Item Type: | Conference Item (Research - E1) |
ISBN: | 978-0-9925622-0-5 |
Keywords: | airfare, low-cost airlines, Southeast Asian, logistic regression |
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Date Deposited: | 10 Mar 2015 01:34 |
FoR Codes: | 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150399 Business and Management not elsewhere classified @ 100% |
SEO Codes: | 90 COMMERCIAL SERVICES AND TOURISM > 9099 Other Commercial Services and Tourism > 909999 Commercial Services and Tourism not elsewhere classified @ 100% |
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