Travel

The Best Ways to Snag Bargain Airfares

When you’re shopping for international flights, be flexible and don’t buy too soon.

Kiplinger's interviewed Scott Keyes (pictured above), who writes an e-mail newsletter, Scott’s Cheap Flights, that sends out international airfare deals to 350,000 subscribers. Read excerpts from our interview below.

What’s your number-one rule for finding cheap airfare? Flexibility. Once you have an origin airport, a destination airport and a date that’s set in stone, about 95% of what you can do to get the price down is already out the window. Most folks look at a map and say, “I want to go to Spain.” And then they start searching. But there might not be a deal to Madrid and there could be a deal to London. Going where there’s a deal—rather than deciding where you want to go and then looking for a deal—may sound counterintuitive, but it will really help get the airfare down.

What’s the best way to build flexibility into a search? I recommend using Google Flights because you can enter five origin airports and five destination airports. Let’s say you live in New York City. You can check flights from LaGuardia, John F. Kennedy, Newark, Philadelphia and Hartford. Then you can say you want to fly to London, Paris, Rome or Madrid. Instantly, it will pull up two months’ worth of the cheapest prices.

Why do you think your site has taken off? People don’t like to spend a lot of time monitoring airfares, and having someone to do it for them is a service that some people are willing to pay for. A lot of the best fares often don’t last very long. So being able to pull the trigger quickly can be pretty important when it comes to getting cheap fares.

Is there a sweet spot for buying tickets? I generally recommend buying overseas airfare about two to six months in advance. You should not expect the airlines to offer cheap fares to fill seats at the last minute. That was the model for a long time. But over the past 10 or 15 years, airlines realized that business travelers, who tend to be less price sensitive than leisure travelers, were buying those empty seats. Now, rather than cut the prices, they tend to raise prices closer to the departure date.

What constitutes a bargain fare to Europe now? The new transatlantic budget carriers, such as Norwegian Air and Wow Air, regularly offer flights to Europe for less than $400 round-trip— from all over the country, not just from New York, L.A. or Miami. So I’d say $450 to $650 is acceptable, depending on connections and how well the fare jibes with your preferred dates. Anything over $650 or $700, unless you’re buying at the last minute or for very specific dates around holidays, is too much.

 

Most Popular

11 Good Reasons to Cancel Amazon Prime
Budgeting

11 Good Reasons to Cancel Amazon Prime

You probably aren't using most of the perks tucked into that $119 annual fee -- which you don't need to pay to get the free Amazon shipping you crave.
April 13, 2021
Who Should Return Their Third Stimulus Check to the IRS?
Coronavirus and Your Money

Who Should Return Their Third Stimulus Check to the IRS?

Some people who receive a third stimulus check are required to send it back to the IRS. Others can return it voluntarily.
April 12, 2021
2021 Child Tax Credit Calculator
Tax Breaks

2021 Child Tax Credit Calculator

See how much money you'll get in advance under the new child tax credit rules for 2021.
April 14, 2021

Recommended

36 Best Amazon Prime Benefits to Use in 2021
Smart Buying

36 Best Amazon Prime Benefits to Use in 2021

At $119 for Amazon Prime, get your money's worth by taking full advantage of your membership. Here's a list of the best Prime perks.
March 17, 2021
Flying This Summer? What to Expect
Travel

Flying This Summer? What to Expect

Depending on your destination, you may need to show a negative COVID test or even prove you’ve been vaccinated.
February 23, 2021
What to Do When One Spouse Spends Too Much in Retirement
spending

What to Do When One Spouse Spends Too Much in Retirement

If one partner takes a less conservative approach to money, it can wreak havoc on a marriage. But the problem can be addressed by agreeing on bigger f…
February 10, 2021
How Cruise Ships Are Setting Sail During COVID
Travel

How Cruise Ships Are Setting Sail During COVID

Retirees wanting to take a cruise should plan for additional safety measures, such as temperature checks and wearing a mask in public areas.
February 3, 2021