A new study by CheapAir.com reveals game-changing details that can help you save big on flights in 2024. The online booking company released its 10th annual Airfare Study, packed with tips to help travelers navigate the competitive travel landscape to book the cheapest flights.
CheapAir.com analyzed nearly a billion flights in more than 8,000 markets to determine ideal booking windows, optimal times to purchase flights and days of the week to fly. The information in the study is all about timing and will help travelers get the best deals in the coming year.
The first major insight reveals how far in advance you should book your flight. According to the data, the optimal time to book a domestic flight in 2024 is 42 days before departure, which is 28 days earlier than last year. The booking window with the lowest flight prices in 2024 is approximately 2.5 months to 3 weeks before departure. While this is slightly later than in previous years, the key to getting a cheap flight is to book early.
"Securing affordable flights in a competitive travel landscape can be challenging, but careful planning and flexibility can make it possible," said Jeff Klee, CEO of CheapAir.com. "Booking in advance, considering alternative options, and monitoring prices can result in significant savings.”
Other key takeaways include:
- The cheapest day of the week to fly is Wednesday, saving on average $102 per airline ticket compared to the most expensive day, Sunday.
- January is the least expensive month to fly with February following closely behind. January flights will save travelers approximately $125 compared to flying in November, the most expensive month to fly (followed by July).
- Winter remains the least expensive season to travel with fall being the most expensive (likely due to Thanksgiving travel).
Find more tips to help you book the best flights in CheapAir.com’s Airfare Study.