Airlines are living a sweet moment. The number of passengers has grown by nearly 6% in 2016 over the previous year, according to the International Air Transport Association (IATA), which estimates that this trend will continue through 2017, when it is forecast to approach 4 billion Of people transported. The offer of flights grows and the greater competition between companies also benefits the passenger: the average price of the ticket chains three consecutive years to the low and will continue to fall in 2017, when it will fall again, in this case 3.3% with Over the previous year, according to the agency’s forecasts. There are however some tricks to further reduce the amount of the ticket, such as booking the day and the most appropriate month depending on the region of origin of the flight.
Friday is the worst day to buy a ticket
On flights from North America, the amount of a return ticket has decreased by 5% for the economy class, and by 4% when the trip originates in Europe, according to New Heights, the latest report prepared by Expedia’s travel agency ARC (Airlines Reporting Corporation) – which manages most transactions between travel agencies and airlines in the US – and other sources such as IATA. According to the study, the best time to purchase the ticket depends on the region: for flights within Europe, North America, Canada and the Caribbean and Africa, it is advisable to buy the tickets in January. To travel in the Middle East, the only area where ticket prices have increased compared to 2015, it is advisable to book in February, and in June if the journey starts and ends in the Asia-Pacific area.
The best prices are on Sunday
The previous ARC and Expedia report concluded that Tuesday was the best day to book a flight, followed shortly by the weekends. In the latest edition of Nuevas Alturas, made after analyzing hundreds of thousands of data relating to the 12 months prior to the last quarter of 2016, on Sunday finally overtakes Tuesday as the best time to buy a ticket. With this simple insight, the passenger can achieve savings of more than 30% on European routes, more than 34% on trips from the Old Continent to the US and over 22% if the destination is in Asia.
You save 30% if you book at least 21 days before the date of departure
Friday is confirmed as the worst day to buy a ticket. This effect is due to the custom of companies to book business trips at the end of the week, which raises prices.
The rule of Sunday is not worth much if you do not reserve the trip with a minimum of advance. The report recommends buying the ticket at least 21 days before the date of departure, especially in destinations from and to Europe or within the US. If the ticket is acquired three weeks in advance, it is possible to achieve an average savings of 30%. For example, a ticket from Europe to the United States, costs about $ 1,962 if purchased less than three weeks in advance, and 1,293 if the purchase is made with a higher margin.
Also in this case the potential savings depends on the region of origin and destination: booking between 21 and 28 days in advance allows a saving of 30% on European flights, 22% if the origin is Europe and the destination Asia -Pacifico, and 34% if the route is between the Old Continent and the United States.
The report also highlights that when there is a Saturday half the ticket price is reduced, as airlines try to differentiate between business and leisure travel. In European flights, the average discount is 34%, and when the origin and destination of the trip are in southern Europe the potential discount is 57%, and up to 74% in the central countries of the continent.
Although the main players in the industry believe that the sector will continue to grow in capacity, there are elements that could slow this advance for the coming year. The consequences of the Brexit, rising oil prices, reduced competition between airlines and fluctuations in the exchange rate could change expectations.