Just a quick background...On 05/30/11, I had to make an emergency trip from AUS-BWI due to a family emergency. First, I looked online at the legacies, and the average fare was $900-$1300 RT. I called one of the carriers by phone, who offered the "family care" price at $880. The funny thing was, I saw a flight from AUS-SBY for $560!!! Pretty awesome for less then a days notice. Needless to say, I had forgotten all about my accrued mileage. However, while attempting to use those miles, that flight was not offered. That carrier with that flight I wanted offered a 3-stop, (all stops had connections) trip. Another carrier wanted me to fly from AUS-LAX-BWI. The same carrier than offered the SAT-DEN-BWI, so obviously, I drove the extra 100 miles to avoid flying halfway across the country, then back all the way across.
I know it was Memorial Day and maybe not a typical load day, but the one thing I did notice was the difference in fares from one day to the next while checking internet fares. On 05/31/11, that AUS-SBY went up to almost $1500. The next day, it was back down to $580, and again, the day after that, it was over $2000. How can there be such a HUGE price difference from day to day? Again, I know the holiday may have something to do with it, but that much difference? Is it load factors? Is it because of the weekend coming?
I'm not that saavy on how and why the pricing works, so anyones explanation would be appreciated.