Busting Cheap Airfare Myths

What's Hot


2 Types of Black Marks Might Vanish From Your Credit File SoonBorrow

This Free Software Brings Old Laptops Back to LifeMore

6 Ways the Obamacare Overhaul Might Impact Your WalletInsurance

21 Restaurants Offering Free Food Right NowSaving Money

7 Dumb and Costly Moves Homebuyers MakeBorrow

House Hunters: Beware of These 6 Mortgage MistakesBorrow

Beware These 12 Common Money MistakesCredit & Debt

Obamacare Replacement Plan Gets ‘F’ Rating from Consumer ReportsFamily

Where to Sell Your Stuff for Top DollarAround The House

30 Household Uses for Baby OilSave

25 Ways to Spend Less on FoodMore

Nearly Half of Heart-Related Deaths Linked to These 10 Foods and IngredientsFamily

The True Cost of Bad CreditCredit & Debt

17 Ways to Have More Fun for Less MoneySave

14 Ways to Maximize Your Social Security ChecksGrow

10 Ways to Save When You’re Making Minimum WageSave

Boost Your Credit Score Fast With These 7 MovesCredit & Debt

7 Painless Ways to Pay Off Your Mortgage Years EarlierBorrow

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

10 Companies With the Best 401(k) PlansGrow

8 Ways to Take Control of Your Finances — and Be HappierGrow

This Scam Now Tops ID Theft as the No. 2 Consumer ComplaintFamily

5 Surprising Benefits of Exercising Outdoors in WinterFamily

14 Super Smart Ways to Save on TravelSave

New Study Ranks the Best States in the U.S.Family

Thousands of Millionaires Moving to 1 Country — and Leaving AnotherGrow

The Rich Prefer Modest Cars — Should You Join Them?Cars

Strapped for College Costs? How to Get the Most From FAFSABorrow

6 Overlooked Ways to Save at Chick-fil-AFamily

Secret Cell Plans: Savings Verizon, AT&T, T-Mobile and Sprint Don’t Want You to Know AboutFamily

6 Healthful Treats for Your DogFamily

Ask Stacy: What’s the Fastest Way to Pay Off My Mortgage?Borrow

7 Free Sources of Manufacturer Coupons You Can Find OnlineSave

Ask Stacy: How Do I Start Over?Credit & Debt

8 Ways to Get a Good Price on a Shiny New AutoCars

You’ll Soon Pay More to Shop at CostcoSave

10 Ways to Save When Your Teen Starts DrivingFamily

Fixing Your Credit? Do These 5 Things, Avoid These 3Credit & Debt

Think you know the best time to buy a ticket? Think again.

Planning to hit the beaches on spring break or take your kids to a theme park during school vacation? Better buy those tickets soon.

A new study from CheapAir.com indicates that the lowest prices can be found about seven weeks out.

The study also addresses questions like “When’s the best time to buy a ticket for Thanksgiving?” and “Is Tuesday night really the best time of the week to buy a ticket?”

The answer to the second question, by the way, is “no.”

“This is one of the most surprising things to me,” says Jeff Klee, CEO of CheapAir.com.

After all, doesn’t “everyone” know that the best time to buy is around midnight Monday? But Klee’s data sugests that while many sales are advertised late Monday night or early Tuesday morning, they tend to be “a limited number of seats and only for certain flights and dates.”

Besides, he says, plenty of “unheralded” sales are announced throughout the week.

CheapAir.com crunched data from more than 560 million search requests last year to come up with this information. Generally speaking, the fare progression looked like this:

  • When tickets first become available for a flight, fares stay on the high side for a while.
  • Two to three months out, airlines look at how ticket sales are going and “how aggressively (they) have to discount.”
  • Up to about one month out, prices were fairly low and fairly stable.
  • At the one-month mark, fares went up pretty drastically.

The prices go up – who knows where they come down?

Klee notes that these are averages, not absolutes. Still, they’re a decent general indicator of how prices are determined in general.

Sure, incredible deals are sometimes available at the last minute. Often they aren’t.

“For everyone who lucked out with a great price at the last minute,” he says, “there were thousands who couldn’t find one.”

A few other things to keep in mind:

If you’re interested in going to Europe this summer, start looking no later than 81 days before you want to leave.

As for Christmastime travel, the best deals appeared about 14 weeks out.

Tuesday is the cheapest day to fly and Sunday is the most expensive. There’s an average difference of $58 between the two days. Thus the more flexible you are, the more you’ll save.

Finally, if you’re buying through CheapAir.com (or just about anyone else), give yourself an additional layer of savings by purchasing through a cash-back shopping site such as Mr. Rebates, Extrabux, or Ebates.

More stories on DonnaFreedman.com

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 5 Easy Ways to Save on Your Cell Phone Bill

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 2,055 more deals!