Are you looking for cheap flights? Timing is everything when you’re trying to get deals on air travel. It’s difficult to understand when you should book your flight to get the best deal.
If you book your flight too early, there’s a chance that you might overpay – because the airline will drop fares if nobody is taking that flight. But if you wait too long, prices will skyrocket, because the plane is filling up – and the airline knows that last-minute passengers are willing to pay a premium.
So when is the ideal time to buy cheap flights? How can you balance fare drops with increases, and ensure you get the best deal on your flight? Find out below!
54 Days Pre-Flight – The Ideal Booking Window
A study examined in Fortune has revealed that there is, indeed, an ideal time to buy cheap flights – 54 days before your expected travel date.
Flights that are booked 6-11 months in advance tend to be on the pricey side. As mentioned, airlines are not exactly worried about booking every available seat at this point – so prices are likely to be a bit higher.
Flights booked 3-6 months in advance tend to be somewhat cheaper, but the same thing holds true. Airlines still aren’t offering better deals to get you into their seats.
According to the study, the ideal time to book a flight is between 21-105 days in advance. This averages out to 54 days. While the price of a flight will likely still fluctuate in this time, you will get the best airfare sometime within this booking window.
Keep An Eye On Fares – And Grab These Deals When You See Them!
To get a great deal on airfare, you should start monitoring the prices of tickets around 3 months in advance of travelling. They will fluctuate quite a bit, but you should be able to quickly identify when a flight is at its cheapest – and snag a great deal on tickets.
You also should not obsess over getting the very best deal possible. For example, if you’re looking at a $100 flight and it jumps to $110, and you think that’s still a good deal, you should still purchase the tickets – especially if you’re nearing the end of the 54-day ideal booking window.
You should also err on the side of caution when booking tickets during peak travel seasons, such as winter holidays, Thanksgiving, and summer holidays. These flights tend to fill up more quickly, so it’s best to keep your eye out for a deal 3 months in advance, and buy tickets at a reasonable price.
Use This Ideal Preflight Window To Get Better Deals On Cheap Flights!
Buying tickets 54 days in advance won’t always guarantee you the lowest price. Each airline is different, and there may be instances where waiting to buy your tickets is not the best move.
However, the study that backs up the idea of this ideal pre-flight window analysed data from over 921 million air trips. In general, this rule-of-thumb will serve you well, and help you get better deals on plane tickets.
So use this information to your advantage, start thinking about your future flight plans, and grab cheap tickets!