Want more money to spend on summer vacation? If you haven’t purchased airline tickets yet (or haven’t purchased them for every trip), please read this. It’ll help you plan summer travel more economically by showing you the season’s cheapest days to fly.
Peak Summer Season: June 23 to Aug. 27
These are dates you try to avoid if possible because this is the peak summer season, with prices to match. Fortunately, there are cheaper alternatives.
Cheapest Summer Date: Aug. 28 (and Beyond)
My analysis of millions of 2018 airfares indicates Aug. 28 will be the cheapest day to fly for domestic trips. True, there could be a day or so of wiggle room – the date could be the day before or after, depending on where you live and where you’ll fly – but for most of us, Aug. 28 is the start of summer’s cheap season.
Actually, airlines don’t consider it summer at all; to them, fall begins on Aug. 28. Kids are back in school, demand takes a dive, and prices do, too. Fares keep right on dropping until Thanksgiving. But back to summer: Here’s an example of a peak season price vs. an early fall fare for Los Angeles-Rapid City, SD. Both are for the same major airline.
Fly Aug. 14-21 – $530
Fly Aug. 28-Sept. 4 – $400
Bottom line: If you can wait on your vacation, a trip to Rapid City to see nearby Mt. Rushmore can be cheaper than you thought.
Cheaper Summer Date: June 22 (and Earlier If You Act Quickly)
Fly by June 22, and you’ll see find some cheaper spring or pre-summer fares. Remember, June 23 is the start of summer and prices will rise. Here’s another airfare example; both are the cheapest non-stop prices for New York-Orlando:
Fly June 13-18 – $113
Fly June 23-28 – $248
Dates for Cheaper Flights to Europe
We’ve been seeing so many good deals to Europe this year that it may not surprise you to learn there even deals in peak season. However, if you can wait until after the first week in September – starting around Sept. 10 – you can save more. Here are itineraries and prices for three trips between New York and London. All flights depart on Tuesdays and all routes are non-stop:
Fly Aug. 14-21 – $638
Fly Sept. 4-10 – $506
Fly Sept. 11-18 – $396
How to Save Something, Even in Peak Season
If you must travel at the height of the summer season – June 23 to Aug. 27 – there are still ways to save. Some are obvious, some less so, but give them a try because they work for many travelers.
Always compare airfares: Your favorite discount carrier may often have the best price, but not always. You won’t know this unless you compare fares.
Fly cheaper days: In the U.S., flights on Tuesday, Wednesday and Saturday can be significantly cheaper than on other days. For transatlantic travel, weekdays are usually cheaper than weekends.
Accept some annoyances: Are you on a connecting flight instead of a non-stop? Did you take off at dawn instead of a more civilized hour? Are you lugging a carry-on instead of a big suitcase? Congratulations, because all these annoyances typically mean cheaper tickets.
Next time you book, see if you can fly around the fringes of peak season; it may be a bit of a hassle, but the difference in ticket prices might make the inconvenience more than worthwhile.
This article was written by Rick Seaney of Investopedia and was legally licensed by AdvisorStream through the NewsCred publisher network.
Important Disclosure Information
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Dechtman Wealth Management, LLC [“DWM”]), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from DWM. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. DWM is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the DWM’s current written disclosure Brochure discussing our advisory services and fees is available for review upon request or at www.dechtmanwealth.com.
Please Note: DWM does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to DWM’s web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
Please Remember: If you are a DWM client, please contact DWM, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. Unless, and until, you notify us, in writing, to the contrary, we shall continue to provide services as we do currently.
Please Also Remember to advise us if you have not been receiving account statements (at least quarterly) from the account custodian.
"*" indicates required fields