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Why the difference in price?

Travel Forums General Talk Why the difference in price?

1. Posted by DrakeRake (Budding Member 4 posts) 10y

For a flight.
I just did a search for a flight with Cathay. From Toronto to Cebu to Toronto.
The price was $5400 return trip.
Next I tried Toronto to Cebu to Hong Kong to Cebu to Toronto, Using same Toronto to Cebu and back to Toronto settings, with hong kong and back flight added in.
This price was $3100. Why cheaper for more fly time? I tired multiple times and got same quote. All settings same.
And I also noticed i try same flight details from one week to another the flight price can be up or down $1000-/+ .

2. Posted by GregW (Travel Guru 2635 posts) 10y

Flights are priced based on what the market is willing to spend, not based on the amount of time or distance travelled. This varies from route to route, depending on how many people want to go there and what the competition is like.

For the trips you have mentioned, you are pricing on two different routes - one from Toronto to Cebu, one from Toronto to Hong Kong. The going rate for flights from Toronto to Hong Kong is obviously less than to Cebu.

THe prices change over time because the airlines are constantly adjusting to how many seats they have, what other airlines are pricing, how much time is left until the flight.

Basically, the airline wants to maximize the amount of money it makes on the flight - it wants to fill every seat with a person paying the maximum amount of money they are willing to for the seat. At the start, they might price low to try and get money now for a service they aren't going to provide for six months. As the date gets closer, they might raise the price to lock in people who have definate travel plans. If there are a lot of seats left at the last minute, they might sell them cheaply to try and fill the plane. If there aren't a lot of seats, maybe they will price them very expensively, because they know that some people will just HAVE to fly on those days.

A word of warning - if you are planning on going to Cebu, and want to buy the Toronto - Cebu - Hong Kong - Cebu - Toronto flight and NOT take the Cebu - Hong Kong portion of the flight, the airline will cancel all the rest of your ticket ( Cebu - Hong Kong and the return to Toronto).

3. Posted by marlis (Travel Guru 1167 posts) 10y

If there are more then one flight dayly,ckeck it,there is also sometimes a differenz.
Saturday could be more expensiv then Monday or Tuesday...

Marlis

4. Posted by DrakeRake (Budding Member 4 posts) 10y

Flights are idenical for 2007
Depart Toronto July 15 11:40pm -> Cebu Cathay Pacific
Depart Cebu August 18 12:30 -> Toronto Cathay Pacific
This costs $5400

Depart Toronto July 15 11:40pm -> Cebu Cathay Pacific
Depart Cebu August 7 1:15pm -> Hong Kong Cathay Pacific
Depart Hong Kong August 10th 3:15pm -> Cebu Cathay Pacific
Depart Cebu August 18 12:30pm -> Toronto Cathay Pacific
Cost $3100

They are identical iteineraries except 2nd one I am adding in 2 extra flights for less money.

5. Posted by cruisegirl (Respected Member 244 posts) 10y

Suppy and Demand, high season/low season, flight full/flight empty, seat class and fare...all factor into the cost.

The price of a flight is also affected by the taxes/costs that a specific airport has.

The more stops you have also affects the price.

For instance, I am flying to Montego Bay in November. A direct flight from Toronto was over $800. A flight from Buffalo with one stop en route was just over $500.

Toronto aiport taxes and fees are incredibly high, in fact Toronto is one of the most expensive airports to travel from.

I was just playing around on the Cathay Pacific site, and for the dates you specified I got a flight quote of $2596

15 July YYZ - CBU (with a connection in Hong Kong)
18 Aug CBU - YYZ (with connection in Hong Kong)

Same flight times as the ones you found.

Curious???

6. Posted by Mel. (Travel Guru 4567 posts) 10y

Hello DrakeRake
Yeah, flight prices are rarely consistant. I dont know why. What i do know, is that shopping around when buying a flight saves money.
Mel

7. Posted by DrakeRake (Budding Member 4 posts) 10y

Quoting cruisegirl

I was just playing around on the Cathay Pacific site, and for the dates you specified I got a flight quote of $2596

15 July YYZ - CBU (with a connection in Hong Kong)
18 Aug CBU - YYZ (with connection in Hong Kong)

Same flight times as the ones you found.

Curious???

Yes almost evry other day that changes

8. Posted by cruisegirl (Respected Member 244 posts) 10y

I used hate booking online (I went through school for Travel and Tourism, so I hate to see the bookings go online rather to agents), but sometimes you have to jump at the chance. If you see the price go down that low, I'd book it because you never know if you will see a price that low again.

My sister and I were shopping around for flights from Toronto to Bermuda, and suddenly came across a very good price. As it turns out, a conference had booked all but 5 or 6 seats on a plane, and we got 2 of the extras.