| With the rising gas prices, and airline costs, | | | | that business flight. |
| everyone seems to be wondering when is the | | | | Airlines also change their prices based on |
| least expensive day to fly? Because we are all | | | | competition. If one airline drops its rates on a |
| looking for a deal on our travels. Taking a | | | | flight by 20%, chances are all airlines will drop their |
| vacation can be expensive! It will cost enough | | | | rates for that flight, so as not to give the |
| once you've reached your destination. So why | | | | discounter a competitive advantage. |
| pay any more than you have to for the flight to | | | | And this can all happen in a matter of seconds. |
| and from your vacation spot. | | | | Prices for a specific flight can go up or down as |
| So what determines what is the least expensive | | | | you reach for your credit card information, so |
| day to fly? Airline pricing is driven by three ugly | | | | your cheap ticket can be gone right before your |
| words: competition, demand, and inventory. So, | | | | eyes. But this can also work in your favor, if the |
| how can a one-way flight be just as expensive as | | | | price goes down as you get ready to book. |
| a round-trip ticket? And why does a weekend | | | | It is essential that you look around and |
| flight from Boston to San Francisco always cost | | | | comparison shop if you are looking for the |
| $1,000? | | | | cheapest airfare. Regardless of whether you use |
| All major airlines put their available seats and | | | | the Internet or a travel agent.You will likely get a |
| prices into four central reservation systems, | | | | wide range of prices. The challenge is a lot like |
| which are owned by various airlines. And they | | | | playing the stock market...you have to know |
| change their prices based on demand. If everyone | | | | when to say "buy", and make the cheap fare |
| happens to be going to the same place you are | | | | yours. |
| going, the price will increase. If another flight has | | | | So that's the inside scoop on what determines |
| no takers, the price will drop until the airline gets | | | | what is the least expensive day to fly. And I |
| someone to buy. There's no set price...fares and | | | | realize that may not have been the answer you |
| inventory are changing every minute. | | | | were looking for. As a online travel agent I have |
| The least expensive day to fly to New York may | | | | learned a lot on how the this travel business really |
| differ from the least expensive day to fly to | | | | works. And in doing so, I have saved a lot of |
| Detroit. It follows the theory, "supply on demand". | | | | money in my travels through inside scoops like |
| Demand explains why it is cheaper to fly on a | | | | this one, as well as travel perks, promotions, |
| weekday when fewer people are traveling. | | | | agent discounts, tax breaks, and more. The |
| Although Mondays and Fridays will pay a higher | | | | knowledge I've learned running this part time |
| ticket price on an all business travel flight. Even if | | | | online travel business has really paid off big time |
| that happens to be the first day of your vacation, | | | | for me. |
| and you have to get from point A to point B on | | | | |