Aviation
Using PriceEye to Track and React to Market Movements
“We used to discover we were undercut days after it happened. Now we know before breakfast.”
Introduction
In today’s airline industry, pricing is no longer a set-it-and-forget-it operation. Competitors change fares rapidly. Demand fluctuates. And airline teams need real-time visibility into how their products are performing in the marketplace.
PriceEye is designed to solve exactly that challenge. It enables airline pricing and revenue management professionals to monitor, analyze, and respond to market movements with confidence and speed.
Why Market Monitoring Matters
Airline fares don’t exist in a vacuum. Every fare you publish is part of a dynamic marketplace that includes:
- Direct competitors adjusting their fare ladders
- New carriers entering or exiting markets
- Fare rule changes impacting perceived value
- Demand shocks or seasonal booking shifts
Without a system like PriceEye, monitoring all of this across hundreds of routes and thousands of fares would be manual, slow, and error-prone.
What PriceEye Tracks
PriceEye collects and visualizes competitive fare data across your defined markets and segments. Key metrics include:
- Fare amounts by carrier and fare basis
- Fare rule components (e.g., refundability, advance purchase)
- Historical price trends over time
- Detected anomalies or rule mismatches
- Fare movement alerts across your monitored markets
This helps teams move from passive tracking to proactive pricing strategy.
Common Use Cases
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1. Detecting Undercuts in Key Markets
If a competitor drops their lowest fare on a core route, PriceEye immediately flags the change and shows how the fare ladder shifted. You can compare the fare basis, rule set, and restrictions to evaluate the threat—and respond if needed.
2. Monitoring Fare Rule Strategies
Maybe a competitor introduces a cheaper fare with very restrictive conditions. PriceEye shows you the rule components so you can determine whether to match price—or highlight your more flexible product.
3. Investigating Booking Drops
If a flight is underperforming, PriceEye helps you determine whether a competitor move might be siphoning demand—even if their fare hasn’t changed visibly.
4. Tracking Market Trends
Over time, PriceEye can visualize how your pricing position has shifted relative to key competitors. You can use this data to refine fare structures, product strategies, and promotional timing.
How It Works with Pricing Teams
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Most teams use PriceEye as a daily tool. Analysts log in each morning to view:
- Dashboard summaries of movement across key markets
- Trend visuals showing pricing over the past 7, 14, or 30 days
- Alerts or anomalies flagged overnight
- Drill-down views by collection, route, or fare basis
These insights help support quick pricing decisions, status meetings, and cross-team collaboration.
How It Supports RM and Forecasting
Revenue Management teams use PriceEye to:
- Check if demand dips are tied to external fare moves
- Correlate booking curve deviations with competitor actions
- Support availability changes based on competitive context
For example, if bookings slow down unexpectedly, RM may discover that a competitor quietly filed a new fare with a 3-day advance purchase window. That data from PriceEye fills in the picture.
Automation + Human Judgment
While PriceEye is designed to surface data automatically, it’s meant to complement—not replace—analyst intuition. You still make the final call on whether to:
- Match a fare
- Hold pricing position
- Highlight rule advantages
- Request pricing or availability changes internally
PriceEye just ensures you never make that call without context.
Conclusion
In modern airline pricing, speed and visibility are everything. PriceEye empowers airline teams to react faster, respond smarter, and make better pricing decisions grounded in real-time market data.
From detecting competitive undercuts to diagnosing booking slowdowns, PriceEye is the extra set of eyes you need in a constantly moving landscape.
Next, we’ll follow a fare from beginning to end—across pricing, RM, filing, and sale—in The Life of a Fare: From Strategy to Booking.
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