Substantial savings: when is it most advantageous to book flights
All travelers want to save on air travel, so there are many tips on the Internet about when to buy tickets so that they are cheaper than usual. Based on research online edition Money collected the most useful tips to help you save on airfare.
The study was conducted on the basis of a number of data (about 20 million requests for 4 months) - and as a result, a list of days and times of the day when plane tickets were the most expensive and cheapest was compiled.
The most advantageous time for booking tickets is Tuesday around midnight.
Travelers who are looking for flights on Tuesday at midnight, save about 6% on their tickets, which makes it the cheapest time of the week for booking.
In general, flights were a bit cheaper at midnight at the beginning of the week (from Monday to Wednesday). However, this applies only to about 1,6% of air carriers in the United States. By the end of the week, tickets at midnight are more expensive, which means that the advice to book tickets at midnight on any given day is not very reliable.
Friday around 03: 00 is the most expensive time to book
The most "expensive" time for booking plane tickets was Friday (around 03: 00). On Fridays, buyers pay roughly 3% more. This change in price is probably related to the way airlines manage their sales, often from the beginning of the work week to the weekend. Thus, prices may slightly jump to the beginning of the weekend. This means that it is advisable to avoid booking tickets late in the evening at the end of the week.
In fact, there is no single universal option when it comes to the most advantageous time for booking, since there are many factors affecting the price: the management of airline profitability, air ticket sales, demand, etc.
On the subject: How profitable is it to fly low-cost airlines?
While some flights seem to be constantly increasing in price at the same time every day, prices for other routes remain stable throughout the day or week.
So what is important when booking air tickets?
First, the day. The cheapest day to book a flight is Thursday for domestic and international flights. But in reality, the savings are not so significant - around 10 dollars for typical domestic routes and around 25 dollars for international markets. Like the time of day, each route is different, and contrary to popular belief, again, there is no single approach that works in all cases.
Therefore, perhaps more important are the days on which the flight departs. The cheapest day of departure on average is Wednesday, and the most expensive is Sunday. The same applies to the day when the plane returns: the best day to return from the inner trip is Tuesday, and the best day to return from the international trip is Wednesday. Average savings these days will be 85 dollars (domestically) and 120 dollars (abroad).
On the subject: What you can get for free if you are stuck at the airport
Is it worth it?
There are so many conflicting travel and ticket tips. Therefore, it is up to the traveler himself to decide whether to be so careful about booking tickets and spending time waiting for a cheaper option.
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