Tuesday, June 12, 2012

The Scoop on Summer Travel

I have been booking travel for nonprofits for years now and I've never seen airfare costs so consistently high. Here's why:

  1. Fuel costs. Jet fuel, like the price to fill your car's tank, has gone up. Even worse, it is volatile so airlines aren't sure what they'll be paying.
  2. Summer travel is up. The recession brought summer travel down for the last three summers. While the economy isn't making a significant recovery, the travel industry is. Why? My best guess is exhaustion. People are tired of delaying vacation plans and they are going anyway.
  3. Less flight options. American Airlines cut flights this month and they are cutting some more next month. The nation's third largest airline says pilots are calling in sick in record numbers, and speculates this is because of upcoming changes to its health insurance coverage that will raise costs on some options (i.e., elective procedures such as vasectomies). Pilots may be taking care of those things now. Less American flights means fewer seats to various destinations, putting flights on these routes at a premium. 
So is there a way to save? There aren't any miracle solutions but if you can do any of these things you might save a little.

    1. Track your flights before and after purchase at Yapta.com.  If you have enough lead time, you can find flights that work with your schedule and opt to track them. Yapta sends you an email if there is a fare drop. I've saved hundreds of dollars doing this. Alaska, AirTran, and JetBlue will offer credit for upcoming flights if your fare drops after you purchase. In some instances, it might be worth a change fee to rebook at a lower rate if a fare drops significantly on other airlines. 
    2. Is your schedule flexible? If you can fly home on a Saturday night instead of a Sunday, or fly mid-week instead of Monday or Friday, you can often get a better fare. 
    3. Don't buy on a weekend. With very few exceptions, several years of flight tracking have taught me never to purchase a ticket on a Friday, Saturday, or Sunday. Tuesday is usually the cheapest day to purchase but there are exceptions. 
    4. Use the "search nearby airports" feature. Sometimes you can save several hundred dollars to fly into an airport that is an hour or two away.  Especially with multiple travelers, this can make the extra distance worth it. 
    And sometimes you just have to bite the bullet.