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In Module 3, you were asked to research international round-trip flights. As you
In Module 3, you were asked to research international round-trip flights. As you recall, the requirements were to plan eight international flights from (RDU) Raliegh Durham International Airport and return two weeks later to the same airport.
One month has passed; it is now time to compare and analyze the fare changes.
The module’s readings discussed a few potential causes for airfare changes:
Competition with other airlines
Routes operating without earning enough money to justify the costs
Internal reasons (business or leisure flight; booking capacity; real-time bookings [planned or last minute] and cancellations)
External reasons (competitor starts or ends business; competitor changes prices [demand increased or matched]; major events change location; currency exchange rate fluctuations)
In this assignment, you will explain how and why airfare for the flight you previously chose has changed based on data.
Directions
This assignment has three components: a spreadsheet, a graph, and a 1-page analysis. To complete the assignment, follow this process:
Using the same dates of travel, the same destinations, using Google Flights, determine how the fares have changed.
Using a spreadsheet and a graphing tool of your choice (Excel® is preferred), illustrate the trend by city and continent.
Using your critical thinking skills, analyze your graph. Find reasons for how and why the fares have changed.
Tip: Airlines’ social media pages can provide helpful information. Consider checking them when identifying potential factors.
The spreadsheet is attached from the original search.
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