Holiday Flight Price Predictions
Domestic flight prices for the upcoming holiday season are projected to be significantly higher than last year, with increases ranging from 15% to 20% for economy flights, as noted by Julian Kheel, CEO of PointsPath.
Key Suggestions for Travelers:
- Book Early: Kheel advises booking your flights as soon as possible but encourages travelers to continue monitoring fares after booking.
- Change or Cancel: Most fares (excluding basic economy) can be amended without a penalty, allowing travelers to cancel and rebook if a lower fare becomes available.
- Consider Holiday Travel: Flying on the actual holiday can save money. The costliest days to travel typically include:
- Wednesday before Thanksgiving
- Sunday after Thanksgiving
- Friday before Christmas
- Sunday after New Year’s
Points and Miles:
Travelers using credit card points may find that more points are required this season, mirroring the trend in cash fares. International flights are also rising in price but at a lower rate, with increases anticipated between 7% to 12%.
For anyone planning to travel this holiday season, it’s crucial to stay proactive about bookings and pricing.