It would seem that the old rule of thumb of booking long in advance to get a cheaper ticket isn’t really relevant anymore?
It would seem that the old rule of thumb of booking long in advance to get a cheaper ticket isn’t really relevant anymore?
And it can be helpful if you’re very flexible. If my dates are very strict then I’ll tend to book further in advance, whereas if I have a lot of wiggle room then I’ll wait it out.
My biggest takeaway from this article is that I should go and see which of these systems have APIs I can query, because if I have a lot of flexibility I think it'd be easier to script it than clicking through a whole bunch of different options on google flights trying to find what the cheapest fare is. I want to be able to write a script that says "here are my dealbreakers, here are the range of dates I can leave on, here's the range for coming back, go and find the best deal"
I guess that's the type of service people typically build and charge for.
Later, as more tickets are sold they have more information about the flight and thus they may make adjustments to the ticket pricing. Either opening up more low-cost tickets that were sold at the beginning of the flight or reducing the number of low-cost tickets to meet high demand.
Since airlines can't outright ask you if you're flying business, they'll instead offer tradeoffs that a business flier won't make. So plan in advance, but be flexible in trading off day-of-week or time-of-day.
I have always booked corporate flights through an internal portal system. I assumed that this identified me as a belonging to X company, so my options would be priced by some standing agreement with the airline. Is this not true?
The other huge tell is last minute purchases. A lot of business travel ends up being decided on a week or two before the flight so last minute flights tend to cost more even though in some sense the value of the seat declines as the flight approaches. E.g. an empty seat is worth $0 and a pure loss to the airline so they should want to sell those seats before the flight even if they get minimal revenue. For biz travelers, clients often pay for travel expenses so inflated pricing for that flight tomorrow is worth it.