Planning Perspectives

A look at life and finance from every angle.

From personal to professional, from family to financial, there are many facets to your life. Yet, each is interconnected. Planning Perspectives is a source of ideas and information to help you make the most of them all, all together.


The Ups and Downs of Airline Pricing

December 14, 2017 Lifestyle, Living Well, Travel

Are your holidays taking you skyward? Remember these common reasons why the price of a single flight may change from one day to the next.

Planning a vacation or trip can be an expensive investment of time and money, especially if air travel is involved. Many travelers compare deals for their airfare but often discover the price for a flight can fluctuate, sometimes multiple times, in a short amount of time. While there are many opinions and theories about the best time to purchase the cheapest airfare, here are the most common factors that cause the price, of any particular flight, to fluctuate.

Despite its volatility, one cost that’s not behind frequent near-term fluctuations in the ticket price is fuel. Airlines are disciplined about controlling capacity and don’t add flights solely because of cheaper fuel. Additional flights come with more infrastructure-related and staffing costs making added capacity hard to remove when fuel prices inevitably increase.

Travelers should be aware of an airline’s rebooking or cancellation policy before purchasing a ticket, just in case a better deal is yet to come.