Flight tickets are something that is constantly fluctuating and perplexes you. One moment you will find the best last minute flight deals and the next moment the prices will hike up too much. This might have left you wondering what could be the right time or what factors actually affect the airfares. Well, the answer is quite convenient, there are certain factors which affect the prices of air tickets. If you know these factors and keep them in mind before booking your flight tickets, then you might land upon a cheaper deal.
Here are some surprising factors which affect the price of your airline tickets:
One of the prime factors which affect the price of air tickets is distance. The distance you wish to cover while travelling by air increases or decreases air tickets’ cost. Farther the distance, the more the travel time and the more expensive the flight ticket prices. Distance is something that directly affects the price of air tickets. You can get affordable air ticketson long-haul flights, and that is due to long travel time and less distance.
Timing Of Purchase
Another most important factor which determines the flight ticket prices is the time of purchase. If you buy the best last minute flights deals typically within seven days of your departure, then you will have to pay hefty prices. This is why the timing of purchasing the tickets matters the most. The best time to buy domestic tickets is between 4-6 weeks before the departure. When you book your tickets early, then you see below-average prices on the airfares. Along with that, the best day to buy your flight tickets is Tuesday, as air sales are released at lower prices.
Peak season travelling also affects the price of air travel. There are specific destinations all across the world which tourists rush during certain seasons. Depending upon the season, the prices of air tickets also see a drastic jump. So whether it is a holiday season or some peak season for any city, visitors do travel to their vacation spots. Airlines used flight tickets prices as an opportunity to increase their sales. Thus they demand exceptional prices on air tickets which are pretty high. Therefore, it plays an essential role in determining air ticket prices.
The flight timings also matter the most when it comes to the cost of air tickets. The cheapest days to fly are weekdays because of the low demand. The expensive period includes holidays, weekends and other must-fly periods. But the timings of flight departures also add up in it. The time of flight leads to fluctuations in the flight ticket prices. When you choose to fly during off-hours like early morning or red-eye, the then maximum chances are that you will get the lowest prices. In fact, you will also receive some additional ticket perks. Thus, timing plays an essential role if you want to avail the best benefits of flight ticket prices. It is best to calculate all the timings before you decide to book your flights.
Flight Travel Type
Flight travel type basically means the type of journey you are going to indulge in after booking your flight tickets. The travel type determines if you get a non-stop flight with less travel time or a flight with stops that has a longer flight duration. Generally, the prices for direct tickets are pretty high when compared to connecting flights. Further on, the halts in between and their time of stoppage also alter the prices of air tickets. Even though the airfares are pretty low for such flights, but in order to save money, you will have to compromise on your travel duration. But if you don’t mind spending extra hours on your journey, then it is best to book connecting flights or long haul flights to save some bucks.
Price of Oil
The prices of jet fuel are one of the major factors because there’s nothing else that is more costly for an airline business than jet fuel price. It is one of the main operating expenses for airlines which has zoomed from 20% to 40% over the years. Even after the prices of jet fuel increased in 2008, airlines tried to maintain the pricing structure. But if the oil prices cross a vast market, then definitely there’s no way you can get cheap last minute flights. To cover the fuel expense, airlines will have to increase their base fares for the air tickets.
Competition With Other Airlines
Competition is the key when it comes to fluctuations in air ticket prices. There is no monopoly in the airline industry, and many airlines have their own pricing system to operate with their counterparts. You will often notice how many airlines come up with their own distinctive offers and flight deals, especially for loyal customers. In fact, certain airlines offer competing prices for specific destinations to attract sales towards them. One prominent example of such an airline is IndiGo. It is a popular airline, especially for its flight provision and cheap and affordable flight rates.
So now, as you are well aware of all the factors that affect air tickets’ price, keep these pointers in mind and book the tickets accordingly. This will help you get the most affordable and best last minute flights deals along with various discounts. Analyze all these factors and avail yourself of ideal and pocket-friendly flight tickets.
Another best way to get cheap last minute flights is the My Tickets To India website. It is a popular air ticket booking platform that provides affordable airfares to various destinations across India and the US. Whether you want to fly one way or round-trip, you will find a myriad of flight options to choose from on their website. They also provide 24×7 customer service so that you can contact them any time of the day for your flight bookings. Get in touch with the travel professionals of MyTicketsToIndia and avail the lowest prices on flight tickets.