Factors affecting the price of the ticket

The wide range of prices you face when buying tickets makes this a daunting task. What factors affect price?

  • The price of fuel has one of the biggest effects on tickets. As the price of raw goods rises, so does the airline's costs. Airlines that negotiate fuel purchases well into the future can avoid sudden peaks and pass on savings to the customer.
  • A weak economy causes people to reduce less important travel. This encourages airlines to provide discounts to attract flyers back. Conversely, when business is good and aircraft are filled to capacity, there is no incentive to offer low cost tickets.
  • Airport charges are another part of ticket prices. Airlines using smaller airports save costs.
  • Target is a factor. Competition will significantly affect price. An airline that has a virtual monopoly on a particular route can charge almost what it wants. Those who fly on international routes have strong competition from other countries and must keep prices in line with what they offer.
  • Low-cost airlines can sometimes provide the cheapest tickets through a 'no-frills' approach. This is most effective on domestic short-haul flights.
  • Role plays a role. If the departure time is approaching and the flight still has many empty spaces, the airline can offer them with a significant reduction. If flying on a particular day is not critical, it pays to last until the last minute.
  • Where a ticket is purchased may affect its price. Travel agents get great rates from carriers, but charge fees for their services. The Internet produces several benefits, but be careful who you are dealing with. Custom airline websites sometimes have unpaid discounts.
  • Ordinary, old-fashioned greed. Air transport is a market-oriented economy and airlines will charge as much as they can. Don't trust anyone. Do your own research.

When buying cheap flights, keep in mind what you are actually comparing. One airline advertises a flight to an Asian destination as $ 800, while another airline costs $ 1300. Reading a small print shows that the "cheap fare" has an additional $ 700 in hidden fees and surcharges, which means it is actually $ 200 more than the flat rate.

The cost of a ticket has many factors. The reliability of these costs shall be determined by the carrier. Competition is the key airlines that most want your business to offer the best deals. Careful shopping will help you find the cheapest ticket.