I have a DCA-MSP route running twice daily against two other competitors. I'm currently showing about 25% market share on the flight with a daily demand ~380pax. Yet both of my flights are averaging about 96%LF.
(197 seats / 380 total demand) should yield a market share of around 50%, should it not? The only thing I can see is I only fly once on Saturday, but even given that I can't follow the math on the share percentages. Am I missing something?