Friday, April 30, 2010

How bad does the holiday season affect the price of a plain ticket?

I got a price for a flight about a month ago and it was a really great price. I checked it a couple weeks later and it seems to have jumped up by almost $90! I don't plan to fly during the holidays, but would the holiday season, being that it's right around the corner, have a dramatic effect on the price? Do the prices tend to go down after the holidays or remain the same? I've never flown before so any info would be helpful!!




Answer 1 :
It's not necessarily that the airlines are jacking the price, but that the tickets sell out faster. The less seats available on a flight, the more expensive the tickets are. That is why the prices were so much cheaper a month ago, there more more available. If you are talking about a flight furthur away, I wouldn't think that seasonal prices would afferct that, it could also be that more tickets were sold in that time. A lot of airlines also have fare specials that you must buy at least 3 weeks in advance. Or the first time you looked there was a special going on, then that deal was over the next time you looked.

I think figuring out how airline pricing works is worse than taxes. General rules are buy as soon as possible and fly in the off season. Also flying certain days of the week is usually cheaper (tue, wed, thurs) And the more flexible you are the better price you can find.




Answer 2 :
Yes it does. In Germany, everyone wants to get on a plane in August because that's when school lets out (we have a whole lot of other holidays throughout the year). If we could fly out in the middle of July, it would be a savings of over $500 per ticket to go over the Atlantic Ocean. But the 6 weeks starting in August? Forget about it unless you buy a ticket before the first week in December.




Answer 3 :
We must return to Economics 101, supply vs. demand. The higher the demand vs. supply the higher the price. Airlines want to make money so you'll find very few offering many seats at discounted levels when the demand for the flights are heavy.




Answer 4 :
Drive if you can. Tickets are elevated due to more people and the last minute planners. if you planned your ticket in advance it might be cheaper. you could also take a BUS.

Prices tend to sky rocket during the peak holiday seasons... Before you fly, go to www.tsa.gov for rules and regulations so you know what is permitted in carry on and checked baggage, and all kinds of helpful info.

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