There are several ways how you can save money when traveling on airplanes, says businessman Josh Jambon.
The first one is to buy your tickets well in advance. A 2012 study from the Airlines Reporting Corporation revealed that travelers who buy their airline tickets six weeks in advance save the most compared to other passengers.
Airlines release the most tickets on Tuesdays at 3:00 pm Eastern Time. This is usually the best time to buy your ticket, though days and times of the best deals can vary significantly.
The cheapest days to fly are Tuesdays, Wednesdays, and Saturdays. The reason for it is simple: these are the days with little demand. Business travelers usually fly out on Sundays or Mondays and fly in on Thursdays or Fridays. Weekend getaway travelers fly out on Fridays and come back on Sundays. These are the days with the highest demand and more expensive prices compared to midweek days.
If you are thinking about flying a low-cost airline, check its website separately. Aggregation websites such as Expedia, Kayak and TripAdvisor don’t always include airlines such as Southwest or Spirit. If you decide to buy a ticket from a low-cost airline, you need to be very careful and attentive. Sometimes these airlines charge even for the carry-on baggage. Make sure you read the small print and calculate all the fees beforehand. Otherwise, your expenses may be even higher than when you fly with a regular airline.
A flight with a layover can save you over fifty percent of the ticket price. Finally, flying into a larger airport is usually also less expensive compared to traveling from and to small local airports. This happens because airlines often have hubs in large airports and flying from those airports is cheaper for them and for you, shares Josh Jambon.