Elasticity-Driven Fare Optimization in U.S. Air Travel Segments
Elasticity-Driven Fare Optimization in U.S. Air Travel Segments Annur Islam Sifat ORCID: https://orcid.org/0009-0006-2380-1267 Wright State University Md Adnan Elahi ORCID: https://orcid.org/0009-0007-7441-0829 Wright State University Purpose. This study investigates the variation in price elasticity of demand across U.S. domestic air travel markets, with a particular focus on how different distance-based market segments respond to airfare changes. Design / Method / Approach. The analysis presents air travel markets in the distance categories of very short, short-haul, medium-haul, and long-haul to analyze the heterogeneous nature …

