I was reading last week on Beyond Consumer about yet another airline fee, I started thinking about what it takes to get the cheapest fare.

There are the standard rules for booking a flight.

  • Book earlier rather than later, at least 2 weeks in advance
  • Saturday night stay (though I’m finding this to be less and less of a factor)

I don’t hunt for days for the best airfare. It takes too much time to get absolutely the best price, but I do have two general rules I try to abide by.

  1. I generally have a rule of thumb that if I can get direct flight for under $300 for travel that’s 4 hours or more, it’s a good deal
  2. Always check with a travel agent/consolidator to get better fares for international travel for travel that is planned well in advance.

I’ve also started using FareCast to get estimate if I’m getting a fair price at the time. To me it’s like the Zillow of airfares. Having used farecast a bit, I realize how important knowing a route is. For example I have a friend who flies to Cincinnati more often than the average joe, and if it weren’t for him I wouldn’t know snagging a $300 flight is a good deal. Delta apparently dominates the airport. That’s the hardest problem with pricing a flight – knowing what is a good deal and what’s not. Airfares most often don’t make intuitive sense. Distance by itself is not a good measure.

I think probably the most important thing when it comes to booking travel is to understand your nature and the nature of the trip. Why are you traveling? How much do you value your time? Are your dates more flexible than you think?