New York, NY, Aug. 04, 2022 (GLOBE NEWSWIRE) — National Cheap Flight Day is August 23, and data from CheapOair® once again shows that domestic and international airfares are trending lower. According to an analysis of average fares over the past two months, the average cost of a domestic air ticket has fallen 20% since peaking the week of June 15. International flight fares were down 16% when comparing the week of July 27 to the highs of mid-June. Final figures won’t be available until after the end of the month, but indicators point to the end of August as an exceptionally good time to book a flight!
What is National Cheap Flight Day?
National Cheap Flight Day has its origins in the consumer trend for airfares to drop after the expensive summer travel season. Historically, airlines start lowering their prices around August 23 in order to maintain a constant flow of passengers. This is done to alleviate the lull in ticket purchases that occurs before vacation travel planning begins. After this 4-week window, we expect prices to start rising steadily and peak around Thanksgiving.
“Coming out of the costly summer travel season, this four-week window is often overlooked as more consumers focus on getting back to their normal work and school schedules. It really is a great time to jump into holiday travel plans as prices could start to climb by the end of September,” said Werner Kunz-Cho, CEO of Fareportal, the company at the origin from CheapOair and OneTravel from OTA.
Kunz-Cho continues, “Our team of data scientists were pleased to see that airfares have been trending lower since June and will likely bottom out around August 23rd. We want to make sure our customers know about the opportunity to save on their vacation travel plans.
Consumers can visit www.CheapOair.com for help with travel inspiration, planning and booking.
CheapOair is an online travel agency specializing in providing cheap flights and great last minute flight deals for travelers around the world. Consumers can book online, on mobile apps for iOS and Android, by phone or live chat. Part of the Farereportal family of travel brands, CheapOair bridges the gap between an online travel agency and a traditional agency with certified travel agents available to help you find great deals on airfare to destinations. global destinations on more than 500 airlines, a million accommodations and hundreds of cars. rental companies. Follow CheapOair on Facebook, Twitter and Instagram for inspiration and booking.
Kathi Moore CheapOair 646-738-7813 [email protected]
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