These days, the places we tend to go on vacation are highly dependent on the cost of airline tickets. These high prices are due to many factors including a decrease in airline companies (resulting in less competition), the rising cost of airline fuel, increasing taxes/fees, and a reduced number of routes to certain locations.
However, these high prices do fluctuate depending on an airline’s needs to fill as many seats as possible on a flight. Overall, the best way to find cheaper airline tickets is to be flexible on when and where you travel. Airlines look at trends from previous years to base their fares on; for example, holidays will typically have higher fares due to the high demand for travel.
But, if your schedule does not allow you to be flexible, here are some tips you can follow to take advantage of drops in airfares:
- Start searching about 3 months in advance
- Do not book inside 30 days from departure
- Statistically higher rates because the majority of tickets are sold within this time
- Avoid traveling on Mondays, Fridays, or Sundays
- Travel midweek
- Travel early-morning or late-night flights
- Search for flights on a Tuesday or Wednesday afternoon (around 3 p.m. Eastern time)
Tip of the Month:
The ITA Software by Google
Visit http://matrix.itasoftware.com/ to start a search for the lowest fares on flight routes. This website, developed by a group of computer scientists from MIT, acts as a search engine and provides a calendar of the lowest fares on given routes based on what you put in for a search. The search looks at several different airlines to try to get you the best rates. With the calendar, you’ll be able to see which departure/arrival dates will give you the cheapest rates!