Lynx Air - new low cost carrier

[suntan]

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It’s always entertaining when Suntan tries to explain how business works.

Yes the board woke up one day and there was a surprise offer on the table.

[Buster]

any and all of these problems are precisely the things that are addressed splendidly with a robust market.

But Canadians seemingly do not like markets that benefit them. Don't blame Trudeau for being Trudeau, blame the average Canadian ritard for voting for him. Don't blame AC and WJ for being dogshit, blame the average canadian ritard voter for wanting capital controls.

[ExtraSlow]

Should be able to do better than $400. WJ has a small sale today, but they run some kind of sale pretty often.

[arcticcat522]

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Should be able to do better than $400. WJ has a small sale today, but they run some kind of sale pretty often.

I figured after looking quick, but thunk November is more popular than March/April. Not too familiar with it all though.

Edit: must spread rep before....

[killramos]

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Yes the board woke up one day and there was a surprise offer on the table.

Your naivety is adorable

[ExtraSlow]

Well, also booking over 6 months ahead, you rarely get big sales because people who need that kind of certainty aren't price sensitive. Then closer to the date, the most desirable dates/flights get booked up and won't go on sale. So basically, you need to be flexible, or use a less popular date/flight to get the best deal, which makes sense. Airline pricing is very transparently impacted by supply/demand dynamics.

[Tik-Tok]

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Airline pricing is very transparently impacted by supply/demand dynamics.

Except same-day pricing. Way back they would give the seats away for dirt fucking cheap on the same day of the flight (standby), just to fill the plane. Now the price is twice what it would be a week earlier, and they would rather the flight be half empty.

[ExtraSlow]

Yeah, that's an exercise in expectation management and protecting perceived values in order to defend future pricing. I can understand the strategy, although I'd also understand if one competitor wanted to try and fill the planes at any price. you'd see more different pricing strategies if the market was more robust, like buster said. Let US-based airlines do point-to point in country and you'd see some interesting stuff.

[Tik-Tok]

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Yeah, that's an exercise in expectation management and protecting perceived values in order to defend future pricing. I can understand the strategy, although I'd also understand if one competitor wanted to try and fill the planes at any price. you'd see more different pricing strategies if the market was more robust, like buster said. Let US-based airlines do point-to point in country and you'd see some interesting stuff.

I'm fairly biased being in the industry, but I honestly don't think a long-term gain would be had in Canada by opening the skies. US has the population and density to support lower fares, Canada has eight "major" cities very far from each other, and a shitload of tiny towns that are also very far away from those cities, with very few people that even want to travel within Canada.

US airlines would destroy Wesjet and AC upon entry, and then the prices would just go up to what we're already paying. Not just for the reasons above, but because it's a price Canadians are used to and still willing to pay. Just look at YYC's record breaking year in 2023.

[Buster]

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I'm fairly biased being in the industry, but I honestly don't think a long-term gain would be had in Canada by opening the skies. US has the population and density to support lower fares, Canada has eight "major" cities very far from each other, and a shitload of tiny towns that are also very far away from those cities, with very few people that even want to travel within Canada.

US airlines would destroy Wesjet and AC upon entry, and then the prices would just go up to what we're already paying. Not just for the reasons above, but because it's a price Canadians are used to and still willing to pay. Just look at YYC's record breaking year in 2023.

This is what markets are for.

[ExtraSlow]

In Canada, we probably pay too much for flights between YYC/YVR/YYZ, and probably too little for all the rest. I have no doubt if we had true open skies, some communities would see average prices go up.

[suntan]

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Your naivety is adorable

Of course dumb offers come in all the time. Serious offers don't happen until there's a real intent to sell.

[killramos]

Everything is for sale

[schurchill39]

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Except same-day pricing. Way back they would give the seats away for dirt fucking cheap on the same day of the flight (standby), just to fill the plane. Now the price is twice what it would be a week earlier, and they would rather the flight be half empty.

Funny you should say this because a friend of ours manages the data science and AI team for a carrier and one of the things they were asked to look at is trying to predict which last minute bookings were for business versus pleasure based on a bunch of criteria. The idea is that if you are traveling last minute for business then price likely is not as an important of a factor as timing of the flight and thus those seats could be sold at a premium (as someone else was probably paying anyways), versus destinations and flights that were likely for personal travel as people flying on their own dime would be more sensitive to price. Then from that the project they were to find out what premium or discounted price made the most sense for that particular flight and destination to increase the probability of a ticket sale and not scare anyone away.

Although as gougey as it sounds I thought the thought process behind how they were looking into that with their flight and ticket purchase data was pretty interesting.

[bjstare]

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In Canada, we probably pay too much for flights between YYC/YVR/YYZ, and probably too little for all the rest. I have no doubt if we had true open skies, some communities would see average prices go up.

In Nov I flew to Vancouver for ~$400, and in the same week I flew to Saskatoon for ~$1300, so YMMV. haha

[max_boost]

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This is what markets are for.

competition is good
if you need the govt to bail you out

[KrisYYC]

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I'm fairly biased being in the industry, but I honestly don't think a long-term gain would be had in Canada by opening the skies. US has the population and density to support lower fares, Canada has eight "major" cities very far from each other, and a shitload of tiny towns that are also very far away from those cities, with very few people that even want to travel within Canada.

US airlines would destroy Wesjet and AC upon entry, and then the prices would just go up to what we're already paying. Not just for the reasons above, but because it's a price Canadians are used to and still willing to pay. Just look at YYC's record breaking year in 2023.

AC and WS would benefit far more than US airlines would if we had fully open skies in North America. Our airlines would have access to the MUCH larger and more lucrative US domestic market and in return US airlines would only get access to our podunk domestic market. Consider the cheaper Canadian labour being paid in weak Canadian dollars operating the Canadian airlines flights.

No first world country would open up their domestic market to foreign airlines without a reciprocal agreement to open up theirs as well.

Canadians can keep dreaming.

[Buster]

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AC and WS would benefit far more than US airlines would if we had fully open skies in North America. Our airlines would have access to the MUCH larger and more lucrative US domestic market and in return US airlines would only get access to our podunk domestic market. Consider the cheaper Canadian labour being paid in weak Canadian dollars operating the Canadian airlines flights.

No first world country would open up their domestic market to foreign airlines without a reciprocal agreement to open up theirs as well.

Canadians can keep dreaming.

Americans have far more access to capital and therefor a more competitive environment relative to Canadians.

[killramos]

Though I do agree that’s it’s funny to pretend Canadian’s market is that important, we are more of a nuisance on the world stage mostly.

Canada would be easily forgotten if we disappeared tomorrow.

[ExtraSlow]

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Canada would be easily forgotten if I moved to PHX tomorrow.

Ftfy