When To Buy Airline Tickets - The Science Answer
Wednesday, September 22, 2010 - 10:28
in Mathematics & Economics
Airlines, hotel companies, anything with a date attached, know they have you on the hook the closer to that date because no one buys airline tickets for tomorrow unless they are desperate, and there are fewer tickets available, so capitalism says you consumers will pay more because they must. But even William Shatner knows the airline seat or hotel room has no value for the corporation either, once it is gone. It is an asset that expires. That can be your advantage also because airlines and others don't want to fly empty so they often have the 'best' prices on a limited number of seats long in advance in order to break even. Buying in advance makes sense also. read more