momondo Data: Flights Cheapest 53 Days in Advance

Annual global flight study confirms booking ahead can save 26
percent; Tuesday cheapest day to travel, Saturday most expensive

NEW YORK–(BUSINESS WIRE)–According to new global data from travel search site momondo,
Americans can save money by booking flights at least 53 days in advance
of their departure.

After analyzing 12.6 billion airfares worldwide, momondo found that by
booking travel early – just under two months in advance of departure –
consumers could save an average of 26 percent on flight costs.
Conversely, tickets are most expensive if travelers wait to book their
trip on the day of departure.

momondo also found that flight price can vary widely depending on the
day of the week, with the cheapest departure fares typically found on
Tuesdays and the most expensive fares on Saturdays. The average flight
cost difference between these days of the week is 11.5 percent.

Avoid midday flights

According to momondo, time of day is also important to consider
when booking. momondo’s global flight statistics show it is typically
cheaper to fly between the hours of 6 p.m. and 12 a.m. Midday flights
between the hours of 10 a.m. and 3 p.m. are the most expensive overall,
by 6 percent on average.

momondo spokesperson Lasse Skole Hansen noted: “We always advise
travelers to stick to these golden travel rules to secure the cheapest
fares. In general, it pays to book flights about two months in advance,
and we found these trends consistent across the board. To save the most
money on their trip, bargain hunters should consider flying in the
evening and on Tuesdays if possible.”

Other factors affect fares

Ticket prices are also influenced by other factors, such as day of
departure, airline, season and airport – and factors affecting price
vary on each route.

Travelers can explore the six factors that affect fares with Flight
Insight
, momondo’s free money-saving tool, which is available for
more than 10,000 routes worldwide. Travelers can find Flight Insight at
the top of search results on momondo.com when conducting a flight search.

For example, Flight Insight may show that for a particular route,
Wednesday is usually the cheapest day of the week to travel. Similarly,
prices on that route may not rise significantly until 21 days before
departure.

“By using Flight Insight, travelers can assess the best day of the week,
time of day and season in which to travel. If travelers want to maximize
travel savings, they should use the tool for their particular route to
determine how many days in advance to book as well as discover other key
factors that impact price,” added Skole Hansen. “According to our data,
25 percent of Americans plan their trip 30 days in advance and are
likely paying more for flights because of it.”

To view the study online, please visit: www.momondo.com/content/annualflightstudy.

About momondo:

momondo.com
is a free, independent and global travel search site that compares
billions of prices on flights, hotels and travel deals. momondo has won
several awards and is recommended by leading international media
organizations such as CNN, The New York Times and The
Daily Telegraph
. momondo is headquartered in Copenhagen and serves
travelers across 30 international markets. momondo’s mobile applications
are available for free for iPhone
and Android.

Contacts

SRPR
Brenda Patterson
440.623.9581
brenda@shevrushpr.com

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