Resolved based on Average Domestic Airline Itinerary Fares, Bureau of Transportation Statistics
https://www.transtats.bts.gov/averagefare/
Average fare for LAX was $381 in Q3 2023.
Similar markets:
1,000
3.00🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ182 | |
| 2 | Ṁ102 | |
| 3 | Ṁ66 | |
| 4 | Ṁ66 | |
| 5 | Ṁ62 |
@BlueDragon you may wish to extend these markets until April 16th, when the data is expected to be published: https://www.bts.gov/newsroom/average-air-fares-4th-quarter-2023
It’s weird that so many more people have opinions about LAX than about Atlanta, Newark, Denver or Chicago.
Also that the consensus is that prices were more likely to DECREASE through LAX in Q4 of 2023 compared to any of these other places.
About the fact that DOT has still not updated the stats for last year… I am not surprised.
@BlueDragon Just a personal preference but it would make more sense to me if you asked if airfares increased. So a yes would be more and a no would be less. It’s fine either way just a hit harder to grok