Airfare Ticket Prices are Subject to Supply/Demand Fluctuations

Airfare Ticket Prices are Subject to Supply/Demand Fluctuations

Did you know that discount airfare prices can change as often as three times each and every day?

The only time your discount airfare is truly locked is when you press that "buy-it-now" button and commit yourself to the airfare purchase. Until you book that cheap flight, your actual airfare prices will move up and down based entirely on whether seats sell out or remain open - the law of supply and demand.

Did you know that international airfare prices can change as often as five times per day?

Those airfare rates are actually more "fluid" than domestic airfare rates and can change up to five times per day. It's a wild dance between the overall supply of seats versus the demand of seat buyers. It's no surprise then that the Economics 101 theory on airfare pricing is this simple... the more travelers who want to fly to a particular location, the higher the airfare.

Maybe this will work in reverse when you're searching for cheap flights!

Duh!

What Factors Affect Supply and Demand?

Weather related and seasonal issues, regional activities (conventions), high school and/or college graduation festivities, major sports events, and dozens of other factors go into the programming side of online discount airfare pricing.

Is There a Solution?

I recommend the Kayak search engine's "my dates are flexible" option because it will take in all of the above factors and suggest the cheapest flights for your planned destination. Buying discount airfare is possible if you're a flexible and diligent shopper.

There's a Kayak engine on my right sidebar if you want to give it a go. Make sure you use the flexible dates option.

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