When is the best time to purchase airplane tickets?

Navigating the world of air travel can be challenging due to the constantly fluctuating prices and seemingly unpredictable discounts. According to Tripadvisor’s 2024 Travel Outlook research, 94% of Americans plan to travel as much as, if not more, they did last year. Despite airfares dropping by 9.4% in December 2023 compared to the same month the previous year, travelers are still looking for ways to save money. The age-old question of when to book a flight, whether for domestic or international travel, is a common concern. However, don’t worry, as we have got you covered.

We have researched the latest findings from various sources such as Hopper, Expedia, and the Bureau of Labor Statistics to determine the best time to purchase anything, including airline tickets. To ensure accuracy, we have also consulted with experts. If you are on a tight budget and looking for travel advice, including when to book a hotel and take your trip to get a great deal in 2024, read on.

If you’re on the hunt for the best time to purchase airline tickets, you might be wondering what time of year, month, week, or even time of day is best. Saving money is always a good idea! However, with so many travel offers available, it can be challenging to find the best deals. There is no one-size-fits-all solution for every flight, nor is there an ideal day, week, or month for booking because many factors come into play. As per Berg, “Everything varies, depending on your flight path, etc.”

According to CheapAir’s recent Airfare Study, which analyzed over 917 million flight costs in more than 8,000 locations across the US, the best time to purchase flights is 42 days before departure. It is important to note that the report considers various factors that can impact when customers should book their flights, such as the price, destination, flying experience, and seat placement. Therefore, the ideal time to buy a flight and get the best deal depends on these factors.

Are you hesitant to click the “buy now” button for your upcoming trip? Expedia suggests that making a reservation 28 days before your travel date can save you 24% compared to those who book at the last minute.

For international travel, Expedia recommends booking up to 60 days in advance. However, it may seem like a spontaneous decision, data from the company shows that airfare prices typically peak about four months before the trip. Therefore, waiting to book could potentially save you around 10%.