Weekends Are the Best Time to Buy Airline Tickets, Study Finds

Discussion in 'General Discussion | Travel' started by sobore, May 23, 2013.  |  Print Topic

  1. sobore
    Original Member

    sobore Gold Member

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    http://www.sciencedaily.com/releases/2013/05/130522160301.htm

    "There's been this industry folk wisdom that says Tuesdays and Wednesdays are the best days to purchase airline tickets," says Steven Puller, an associate professor of economics at Texas A&M who specializes in industrial organization. "But we couldn't find any systematic analysis to back that up."

    Rather, he says, the weekend is the best time to book airline tickets because airlines are more likely to discount fares on Saturday and Sunday.

    In the study "Price Discrimination By Day-Of-Week Of Purchase: Evidence From The U.S. Airline Industry," published in the Journal of Economic Behavior & Organization, Puller and co-author Lisa Taylor, a former Texas A&M graduate student, found that tickets purchased on the weekend were, on average, 5 percent cheaper than similar tickets purchased on weekdays.

    Read More: http://www.sciencedaily.com/releases/2013/05/130522160301.htm
     
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  2. DTWBOB

    DTWBOB Silver Member

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    My experience has been just the opposite and holiday weekends are the worst.

    I wonder how many tickets the reporter buys with his own money

    DTWBOB
     
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  3. MSYgirl

    MSYgirl Gold Member

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    +1

    I've been pricing out a route for 2 weeks now, and the cheapest option I found was on a Tuesday. Then again the report says they only examined direct flights, and I rarely get those.
     
  4. coffeeaddict

    coffeeaddict Member

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    Best time to book people, not fly. Flights on Tuesdays will be cheaper than weekend flights, but buying the ticket on the weekend might be the better option.
     
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  5. Wandering Aramean
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    Wandering Aramean Gold Member

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  6. anileze

    anileze Gold Member

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  7. MSPeconomist
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    MSPeconomist Gold Member

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    He's not a reporter. The article was authored by an economics professor and a graudate student.
     
  8. DTWBOB

    DTWBOB Silver Member

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    Except the prof is quoted in the article -- and because it was an academic study, it raises issues like whether it was peer reviewed and who paid for the results (aka 'it')

    I also wonder how experienced the grad student has in buying tickees w/ his/her own money.

    DTWBOB
     
  9. ranman1973

    ranman1973 Silver Member

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    I can't even remember what I had for dinner just 4 hours ago.
     
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  10. lsed

    lsed Silver Member

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    I believe the article is right. Most of my mistake fares were booked on the weekends cause the airline offices were closed! :D
     
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  11. anileze

    anileze Gold Member

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    Yup, On a friday evening after drinks, I can't remember positing this either :)
     
  12. Misplaced Texan
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    Misplaced Texan Gold Member

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    The journal in which it appeared is peer reviewed. I'm not sure what your question about who paid for the results is asking.

    Also, I don't quite understand why you keep harping on people buying tickets with their own money. It's pretty obvious that they are working from a large data set of either actual ticket purchases or of pricing searches and not just commenting from personal experience. They could never have even set foot on an airplane and it would have no bearing on their results.
     
  13. SuperKirby

    SuperKirby Gold Member

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    The cheapest I've found were on Friderdays.
     
  14. Betty Boop

    Betty Boop Gold Member

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    Plus it's ok to have a reminder or perhaps we missed the first post.
     
  15. DTWBOB

    DTWBOB Silver Member

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    Short answer is I've seen more than my share of studies like this where the results can be predicted by just looking at who paid for the study

    DTWBOB
     

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