This image is taken from a blog entitled “Get the Best Price On Your Next Flight.” The title promises a solution to the problem of paying too much for a plane ticket. Since the post is about airlines, the tone is professional and informative.
The post begins by outlining three different approaches to buying tickets:
1. Use an online travel agent (OTA) like Expedia to book your trip
2. Use a flight-only search engine like Kayak to find your flights and then head over to SeatGuru to find out which seat you should book
3. Use Google Flights as your go-to flight search engine, and couple it with Skiplagged when you’re looking for deals
If you want to get the best price on your next flight, you probably already know that you should be flexible with your dates. But did you know that the day of the week you book your flight can have a big impact on the price?
Here are some general guidelines for when is the best time to book, and when to fly if you want to save money on domestic flights:
Cheapest Day To Book A Flight Online
According to our data, Tuesday is the cheapest day to book a flight online, closely followed by Wednesday. Saturday is the most expensive.
Here is a look at average airfare prices by day of booking:
It’s a great deal, but it’s not that great of a deal. You can find better flights with much less effort. To find the cheapest fare, you need to do your research. Here are some tips to help you get the best price:
1. Compare fares on different travel websites.
2. Search for flights using flexible dates.
3. Use incognito mode to search for flights.
4. Sign up for alerts from airlines and travel websites.
5. Book directly with the airline website instead of third-party sites like Expedia or Priceline.
6. Look for hidden city ticketing deals (but be careful).
7. Use airline miles or credit card points to book your flight for free (or at least cheap!)
This post is inspired by a recent post by the Wall Street Journal. They were discussing how to get cheap fares, and their conclusion was that it’s best to buy tickets 21 days before your trip.
In this post, I will show why the WSJ is wrong, and go into depth about my own recommendations about when to buy airfare.
It turns out that WSJ’s results are not simply flawed, but actually backwards. I’ll explain why in this post, using data from the Bureau of Transportation Statistics (BTS).
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Step 1: Get the facts about your trip.
Determine how many passengers are traveling and where you want to go. Some airlines offer better prices for round-trip tickets with a Saturday night stay at the destination, so be flexible if you can. Also, when making airline reservations, don’t forget to include a stopover of at least 24 hours on direct flights.
Step 2: Find out what different airlines charge.
Contact all the airlines that fly to your destination and ask for their best price. Many airlines have toll-free numbers. You can also find out what fares different airlines charge by calling travel agencies or looking in newspapers and magazines (such as The New York Times Travel section).
Step 3: Find out if the fare is negotiable.
Some airlines advertise a low fare but will not negotiate further discounts. Others will work with you to find a better price, especially if they’re trying to sell empty seats on a flight.
Airlines have a strong incentive to charge different people different prices for airline tickets. The challenge is to collect as much money as possible without driving away too many customers. To do this, they segment the market and charge each segment a different price.
Airlines implement a variety of tactics to capture more value. Some are fairly simple. For example, airlines distinguish between peak and off-peak travel days and charge higher fares for peak days. If you fly during the week, you will pay more than if you fly on weekends or holidays when fewer business travelers are flying. Airlines may also offer fare discounts to attract more leisure travelers during the off-peak season.
Airlines also use advance purchase and Saturday night stay requirements to segment the market into business travelers, who typically purchase their tickets at the last minute, and leisure travelers, who typically purchase their tickets in advance. In general, leisure travelers are less price sensitive than business travelers because they can plan their trips well in advance and lock in lower fares by purchasing tickets early.
If you are a business traveler flying on short notice, you will likely not qualify for any special discounts or fare reductions. To make matters worse, airlines know that business travelers must fly on short notice and thus will be willing to pay higher