What is the ideal time to buy cheap flights?
July 29, 2024
In the age of technology, airline ticket information is just a few clicks away. However, there are many variables that can influence the cost of an airline ticket. Curious about when is the best time to book a flight? Do you know how to navigate the many booking sites to find the best deals? The answers to these questions and more await you in the following paragraphs.
Calculating the price of an airline ticket
is not an exact science, but rather a complex art, influenced by a multitude of
factors. Each airline has its own algorithm, but most take the following
elements into account:
1. Base
price:
This is where the company’s commercial
strategy, the operational costs of the flight in question and the demand for
the chosen destination come into play.
2. Fuel
tax
: a fluctuating factor, dependent on the
global oil price.
3. Airport
taxes:
Each airport has its own charges, which can
vary significantly.
4. The
seat on the plane:
More spacious seats or those at the exit may
be more expensive.
5. Luggage:
The amount and type of baggage you choose
can influence the final price of your ticket.
6. Booking
time:
Tickets purchased well in advance of the
flight may be cheaper, while those purchased at the last minute may be
significantly more expensive. Airlines use dynamic pricing strategies,
adjusting the cost of tickets according to market demand. A trip scheduled over
two weeks may cost more than one scheduled over two days, as the former is
considered to be in higher demand.
7. Day
of the week:
Weekend flights may be more expensive due to
increased demand from tourists.
8. Promotions
and special offers:
Airlines may periodically offer discounts
and promotions to attract customers and fill empty seats on the plane.
If your flight is cancelled, you are entitled to compensation for the cancelled flight. This compensation may vary depending on the destination, the duration of the flight and how far in advance the cancellation was announced.
You may have often wondered what day of the week to buy your flight ticket to get the best price. Well, the week is full of cost pitfalls, but also opportunities to grab a good deal.
Mondays, Fridays and Sundays are usually the busiest. Many travellers choose to fly on these days, either because they are starting or finishing a working week, or because they want to make the most of the weekend. Airlines are therefore taking advantage of this growing demand and raising prices. So if you want a cheaper ticket, avoid scheduling your flights on these days!
Instead, the days of Tuesday, Wednesday, Thursday and Saturday are more budget-friendly. Demand is lower these days, so airfares are more affordable too.
Buying a plane ticket requires careful planning and an understanding of price dynamics. Your first option is to contact a travel agency. With their complete packages including airfare, hotel accommodation and airport transfer, you could benefit from lower costs. Travel agencies often benefit from promotional costs from airlines, which can be an attractive option for you.
However, if you prefer to buy your own
ticket, you need to know when is the ideal time to do so. Studies show that the
ideal time to buy a plane ticket is about
57
days before your flight
. This is an average term as there are fluctuations depending on the race,
operator and route. In general, prices start to fall 180 days before the
flight, reaching their lowest level 57 days before the flight, after which they
start to rise. As the flight date approaches, prices will be higher. If the
21-day pre-flight deadline is reached, ticket prices will be significantly
higher. [1]
Also find out which items you can take on
the plane and which are forbidden?
It’s important to take this dynamic of
airfares into account when planning your trip. If you buy your ticket well in
advance, you can find cheaper deals and avoid price increases that occur close
to the flight date.
We know, you want to find the best deals on
flights. But with so many variables and strategies, the process can become
quite confusing. So, keep in mind the following tricks to get the most
convenient prices.
1. You are using the incognito function of your
browser. When you browse the internet, websites
store cookies that allow them to track your activity. For example, if you
return to a particular website to check the price of an airline ticket, the
site might show you a higher price than on your first visit. With the incognito
function, you can avoid this cookie-based price increase.
2. Use price comparison services. There are many websites and apps available that allow you
to compare airfares from different airlines.
3. Set price alerts. Many travel providers offer the option to set price
drop alerts. This is a great strategy to keep up to date with the latest offers
and take advantage of them as quickly as possible.
4. Participate in airline loyalty
programs. They can offer significant discounts and
other benefits to loyal customers.
Did you know you can take your pet with you
if you fly with some airlines? Find out some useful tips and information about transporting animals by plane!
Remember, every journey is unique and
requires a personalised approach. There is no universally valid recipe for
getting the cheapest air tickets. But with a little patience, research and
using the recommendations provided here, you’ll be able to find the right one
for your needs. We wish you pleasant travels and substantial savings!
Sources
[1] Perry, Tod. “A Study Found the Best Times to Purchase Plane Tickets.” Upworthy, Upworthy, 8 Dec. 2023, www.upworthy.com/best-time-to-buy-airfare-rp. Accessed 10 Apr. 2024.
More travel blog recommendations