Why do airline ticket prices fluctuate

Why do airline ticket prices fluctuate

Why do airline ticket prices fluctuate

Airplanes are essential vehicles in modern communication systems. Airplanes are reliable and safe for fast travel from one place to another. The use of airplanes has increased manifold everywhere in the East.

For various reasons, the fare of airplanes is higher then other vehicles. However for fast communication, airplane services are now within reach. Its scope is also expanding. Modern buses and bullet trains have started to be introduced in many countries of the world. Although air transport is relatively easy and cheap in Western countries, South Asian countries are lagging behind. The biggest reason for this is the various types of taxes imposed on air services. Another reason is the high price of fuel oil.

Why do airline ticket prices fluctuate

Why do airline ticket prices vary at different times?

The price of a plane ticket is not always fixed. The price of a ticket fluctuates based on various factors. For example, if demand is high, the price of the ticket increases. On the other hand, the price of a plane ticket can also increase due to various general circumstances.

There is no fixed price for any flight ticket worldwide. Generally, ticket prices fluctuate depending on passenger demand and the overall situation.

This happens with all airlines. The price is determined by where you buy or pay for the ticket and in what currency you pay for the ticket.

Airlines around the world adjust their prices to reflect demand. For example, if you search for a flight online for the first time, but then search again, you won’t see the same price. The price will be slightly increased.

Why do airfares go up and down?

Air ticket prices increase for several reasons. Ticket prices fluctuate based on the season, whether there are any long holidays or festivals, the demand for tickets, the price of tickets on other airlines on that route, the distance, etc.

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The demand for air tickets is highest from May to June and October to January. As a result, ticket prices also increase during these times.

By adopting some simple strategies, you can get deals/discounts on air tickets, that is, quite a bit of discount. Learn those strategies.

Use of information technology

Learn about some of the ways to buy airline tickets at low cost and with discounts using information technology.

Why do airline ticket prices fluctuate

Google Explore

Explore is one of Google’s best services for all your travel-related needs. Through this app, Google helps you plan hotels, flight bookings, where to go, what to do, and much more.

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In addition, this tool also shows the flight fare tier structure. It also keeps track of the increase and decrease in flight fares. The website can help you book flight tickets at comparatively lower fares.

Chrome plugin

Google Chrome offers some ‘plug-ins’ (third-party) that can help you keep track of airfares. This makes it easy to see when flights are available at a relatively low price.

Using Incognito Mode

Most airlines or ticket booking websites use cookies to monitor passengers or buyers. They increase prices whenever they see an opportunity. Let’s say a person checks the flight schedule and fares from Dhaka to Cox’s Bazar. When he visits the website again to book it after half an hour, he will see that the price has increased. To get rid of this, you have to hide yourself. You have to use incognito mode or delete cookies.

Take a day trip

It is often seen that the fares for air travel during the day are relatively lower. In that case, if  time is not a problem, then choosing However, there is no such written rule. Therefore, it is better to check the flight schedule and fare.

Rent is lower one day a week

A flight booking website usually shows the lowest fare for a week. As a result, if you are not too particular about the date of travel, you can look at flights a day or two before or after a specific date. This can save you some money.

Discount on card rent payment

Many banks offer discounts when you buy airline tickets with debit or credit cards. Some banks also offer dedicated travel cards that offer additional discounts when buying airline tickets.

Airline loyalty points

Most airlines have loyalty programs to retain customers. They also offer discounts on ticket bookings. Some airlines offer loyalty points or miles. This can save you money.

Social media

Airlines and other online ticket booking platforms usually advertise their offers on social media platforms, making it easy to keep track.

Buy tickets directly from airlines.

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Sometimes you can get a cheaper ticket by contacting the airline directly. However, you may have to search multiple airline websites and send them emails.

Why do airline ticket prices fluctuate

Buy tickets a few weeks in advance.

If you are sure about your travel dates, then buying flight a few months in advance sill give you a much cheaper price. During such times, tickets are only sold at the introductory price, after which the price increases as seats start to fill up or the flight time approaches.

You can buy cheap plane tickets by using these methods or strategies.

Posted in ICT

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