You would certainly want to have cheap price air tickets for your travel. But maybe the person seating next to you will have a lesser air ticket price than you. This happens because there are many factors that are affecting the prices of air tickets. Basically, flight tickets are fluctuating in nature that depend on many factors which tend to increase and decrease the price.
Airlines have their own theory and strategy to change the charges of the per-seat airplanes. Which eventually effecting to the customer who wants to purchase cheap air flight tickets.
Below is a list of factors, you have to consider which are affecting the prices of air tickets with time.
What Affects the Flight Prices?
There are many reasons that affect the flight price, some are due to political reasons like the government of the country increasing the taxes while some are global reasons like price hikes in crude oil that affect the price of the fuel that tends to increase in flight ticket fare. Sometimes there is no availability of seats which tends to higher the price of a ticket but sometimes there is an abundance of seats that may cause lower flight ticket rates.
1. Distance you want to fly
Obviously, the longer you fly, the more will be your prices of the air ticket. So if you are flying abroad for a longer distance, your airfare will be affected by this distance. As the journey time of your flight is higher thus the cost of your flight ticket will be also higher compared to the domestic flight.
2. Price of Fuel
As aircraft need fuel to fly, thus if there are little effects on the prices of the fuel used in the craft, it will directly affect the prices of air tickets. Since 2019 it’s good that fuel prices are not increasing and it’s not affecting ticket prices harshly.
3. Demand for the tickets
There are some times or seasons of the year when there is a huge demand for air tickets like in any festival season (Christmas and New year Eves), in summer seasons when everyone wants to travel for a vacation with their family. At that time of the year, airlines raise their airfare, cause they know travelers will pay whatever the cost of the tickets to fly to their vacation point. So there is a simple rule if the demand is high for the flight ticket rather than the supply then the price is also high for that flight ticket.
4. Competition Factor
Usually, competition between airlines is also one of the factors why airlines have conflicting prices of air tickets all over the year. It’s not only airlines, but even the airport number in any city also affects the price. Eg: in- Small city has fewer airports, thus air tickets are of the higher price compared with big cities with multiple airports and numbers of airlines flying every day causing fewer prices of air tickets to these cities. If many airlines are available to render their service in the same city then there are chances of getting cheaper flight tickets.
5. Ticket purchasing time
It matters on how much nearer dates you are booking your tickets. This means if you are booking your air tickets just a few days before your trip then you have to give much higher prices of air tickets, rather than advanced booking of your flight tickets. Thus prices of left-out seats are the most expensive as it is been sold at the end of the time.
6. Taxes and fees into prices
Airlines make sure that not even a single seat is left out before flying. So they plan their flight according to that all seats get a lot and they fly will full passengers. But sometimes taxes and fees imposed by the government and the airport authority make a big difference in the total prices of the airfare. Likely, bigger airports charge more taxes and fees in comparison to smaller airports or less busiest airports. For example, Heathrow Airport, in London is one of the busiest airports in the world has imposed more taxes and fees in comparison to other airports. London is the center of attraction for tourists and travelers as well as for professionals so it is the busiest city where everyone wants to experience this cosmopolitan city.
Also read: How to get the cheapest standby tickets?
7. Which days to fly
Eventually, the days of your booking also affect the prices of the air tickets. Airfare in the USA totally depends on which day you are planning to fly or book your tickets. There are some days Tuesday, Wednesday, and Sunday which are considered to be the best and cheapest days to fly by booking flight tickets.
8. Tickets unwanted times of day (Flexible timing)
If you are flexible enough to fly any time of the day. Then you will get many better deals for your flight tickets. Like if you are ok with early morning dawn flights or late night flights or lunchtime (afternoon), it’s the time when you can get the cheapest prices of air tickets for your airlines.
9. Non-stop or connecting flights
It’s obvious that if you are traveling on a connecting flight than a non-stop flight, you will have to pay a much less amount for flight tickets. But often, sometimes non-stop flights are even cheaper too when your airlines have a sale going on or have a great deal for non-stop flights. The price difference between connecting and non-stop flights will be just a small line of inconvenience.
10. Advanced purchased tickets
Its most known strategy of the airlines affects the prices of air tickets. As far as you are from your trip to fly, lesser will be the price of the air tickets. This means advance booking of your tickets before 4-5 months of your trip plan, will be much lesser than the price of the tickets you will book 2 months before your trip date.