Skip to main content

The Best Time to Buy Airline Tickets Is 70 Days in Advance

If you want to save on your flight for the holidays, start planning … now.

CheapAir.com analyzed 917 million airfares for its annual airfare study and found that the sweet spot for travelers to snag the best deals on domestic flights is between 21 and 95 days — that’s three weeks to three months — before their departure date.

It turns out that this year has been a bit of a leveling field for airline ticket prices — only about $100 separates the priciest month (that was March — likely due to a post-pandemic surge in spring break travel) from the cheapest one (September).

And sure, you could test your luck at finding a last-minute low fare. But CheapAir found travelers who book eight to 13 days before a trip pay an average of $74 more than those who book within the prime booking window. Get your ticket less than a week out and you risk paying an average of $160 more than travelers who booked three weeks to four months ahead of time.

Buying a plane ticket too far in advance can also result in a financial penalty. Those who bought tickets 96 to 201 days in advance paid $37 more and those who purchased airfare 202 to 315 days in advance paid $90 more.

CheapAir found the best time to book varies greatly by season. You’ll want to book 89 days in advance to get the best prices for a trip in the fall, but the best time to buy for holiday travel or a winter ski trip is 68 days in advance.

If you’re wondering when’s the best day of the week to buy your airline tickets, CheapAir’s study says it doesn’t really matter. What matters is what day of the week you plan to leave or return. Travelers save an average of $82 by flying on a Tuesday or Wednesday (the cheapest days to fly) instead of on a Sunday (the most expensive day).

Nicole Dow is a senior writer at The Penny Hoarder. Staff writer/editor Tiffany Wendeln Connors updated this post for 2021.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



from The Penny Hoarder https://ift.tt/3rW7mWm
Labels:

Comments

Post a Comment

We will appreciate it, if you leave a comment.

Popular posts from this blog

How to Ask Your Manager for Feedback (& easily impress them)

Your manager is either your greatest friend, or your biggest obstacle. No matter where your manager stands on this spectrum, getting feedback from them is going to be a valuable resource for your professional growth so this is something you should be doing consistently at work if you want to get more promotions and raises. […] Source from I Will Teach You To Be Rich https://ift.tt/XNUxhGu
Post a Comment
Read more

Cost Income Ratio: Definition, Formula, Calculation, and Interpretation

Financial managers perform a wide range of calculations and activities to analyze a company’s yearly and quarterly performance. Cost to income ratio is one of the efficiency ratios used in financial management.  The cost to Income ratio is used to evaluate a company’s performance. Its fundamental role is to validate the profitability of the company. Financial managers use this efficiency formula to compare operating expenses or costs with the income generated.  The cost-income ratio portrays the effectiveness at which the company is being run. There is a roundabout connection between the expense ratio and the organization’s benefit. It is considered that the lower the cost to income ratio, the better is the performance of the company.  In this article, we’ve highlighted everything about the cost-income ratio to help you understand this financial management ratio quickly and easily. How is a cost to income ratio defined?  The cost-income ratio is defined as a rat...
Post a Comment
Read more

Best Crypto Sign-Up Bonuses and Promotions

Many cryptocurrency exchanges offer sign-up bonuses to draw potential customers. You can receive free Bitcoin or funds you can use to purchase your preferred altcoin, depending on the offer. The terms and conditions vary, from the bonus amounts to the qualifying criteria. Most exchanges will pay you a few dollars for completing your first trade. However, the more valuable promotions may allow you to receive up to $500 or more, in line with many stock brokerage bonuses . Here is a list of the sign-up bonuses covered in this article: Binance.US : $10  Coinbase: $5 Crypto.com : $50 eToro: $10 Gemini: $10 KuCoin: Up to $500 Phemex: Up to $6,500 Plynk: Up to $100 SoFi : Up to $100 Tastytrade : Up to $2,000 TradeStation : $150 Table of Contents Best Crypto Sign-Up Bonus Offers Binance.US Coinbase Crypto.com eToro Gemini   KuCoin Phemex Plynk SoFi Tastytrade TradeStation FAQs What Is the Best Crypto Sign-Up Bonus? Best Crypto Sign-Up Bon...
Post a Comment
Read more