Sunday, April 1, 2007

Buy Airline Tickets Early!

The #23 "Rule to Grow Rich By" in a recent CNNMoney article says to bu airline tickets as early as possible!

What it says:

23. Buy airline tickets early because the cheapest fares are snapped up first. Most seats go on sale 11 months in advance.
Airlines would love it if every passenger would reserve their seat as far in advance as possible. That way, they'd always know how many flights they actually need for each route. So they make it as attractive as possible for people to book early. To punish procrastinators, ticket prices get higher as take-off gets closer. Up to a point, at least. In the end, the airline just wants to fill every seat. So, if there are a few seats left open at the last minute, you can sometimes find a bargain deal. If you really have to fly, though, don't count on that. Airline bean counters have gotten pretty good at knowing just how many seats they need.

Here is the article" http://money.cnn.com/popups/2006/moneymag/25_rules/23.html

2 comments:

Anonymous said...

Hi I find your blog interesting. I have a question though... I will be traveling to South Korea from the Philippines. I wanna book for a December 14th flight, but airfares are skyrocketing! Really expensive at this time. I just wanna know if prices may go down? BTW it's like a week before my desired departure date.

^^

chris said...

Mechelle,

You may have already purchased your tickets by now, but if you haven't try using the website www.farecast.com. This will tell you if prices should fall, raise or stay the same.

I would actually recommend using priceline.com and name your own price for this ticket. Your travel dates are so close, you may be able to get your ticket for 20-30% less then what airlines are asking for!

I hope this helps!