Saturday, January 21, 2012

A flight I checked on 2 days ago went up by $100, any chance it will go back down

A flight I checked on 2 days ago went up by $100, any chance it will go back down?
I'm flying from Cleveland to Ft Lauderdale in the middle of October, my dates are somewhat flexible. Last time I checked (on Tuesday) they were 100 bucks cheaper. I've been keeping an eye on the fares for the past couple weeks & they've stayed at $200. I was going to purchase them today (payday!) & of course they went up to $300! Should I hold off & keep checking? Is there a chance they will go back down?
Air Travel - 6 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Rule of thumb: The closer to the day of the flight, the higher the fare will be. You can take that to the bank.
2 :
In general, flight costs increase closer to the date of the flight. There are some exceptions, like if you're traveling as a courier and the courier company is desperate, or if you're looking at a charter flight that isn't going to fill up, but these are few and far between. For a regular flight, always buy earlier.
3 :
I think you've missed the boat on that one... I travel often, so I am constantly checking prices. I fly a specific route often, so I know that when I see the price below $200, I grab it. No questions asked. Often times, when I see a good deal and buy it, I check the price again right after. Nine times out of ten, the price is now higher. If your flight went from $200 to $300, I'd say that other people bought the $200 tickets and now the flight has less seats available, increasing ticket costs due to demand. Especially since you're travelling in less than 2 months, I'd say don't wait any longer than a week. Two weeks if you think $300 is the regular price, but you risk the flight filling up. Good luck.
4 :
First of all, try Bing Travel (http://www.bing.com/travel). I recommend this because it has a specific "Price Predictor" which will tell you a) if it thinks your fare will increase or decrease over the next few days, and b) how confident it is that it's prediction is correct. The biggest two factors in airfare pricing are a) how many seats on the plane have already been sold; and b) how close the day you purchase the tickets is to the day of departure. Airfares are based on supply and demand. While its not LIKELY that the price will fall (unless there's a price war started by one airline or another), it CAN happen if the inventory of available seats grows for a particular reason (cancellations, aircraft equipment change, etc). There IS a chance the fare will go down, but it isn't likely. Again, try Bing travel and its price predictor and check it out for yourself. Also, if you can alter the flights you take, you may find that other flights during non-peak days and times might offer lower fares. Good luck!
5 :
Probably not. As the date of the flight approaches typically the price of a ticket will go up.
6 :
I would buck it ASAP. The longer you wait, the more you pay.

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