Well, you can find thousands of articles that tell you that booking in advance is something that will always help you get the cheapest flights. Totally agree. What I didn’t see any benefit in doing was writing another article that tells you the same.
Instead, I just wanted to write a few quick notes for notes on why this airline strategy is used? Why do they benefit from this?
There are some reasons why this should happen. To understand this, we need to know what will happen if this strategy is not in place. Of course, we humans love doing things at the last minute, and many people will get to book a flight on the last day. Why did you book earlier? Imagine that for some reason you have to cancel it! Of course, we are not stupid, and we will do that last thing before leaving.
You can tell me that some people will book earlier for fear of running out of places. It could be, but if you look at the planes for the time being, you’ll realize there are always some places left except for the major holiday dates. This will be another article, but here comes one of the main reasons for having very discount tickets!
Why don’t airlines bother with last minute bookings? Well, they need to plan ahead for many reasons. Knowing the occupancy of the aircraft will allow them to analyze the situation and change prices accordingly, and they need to plan the food they will need for this flight, as well as the space required for the baggage. If they knew that a plane would become nearly empty, then they would be in time to make changes and choose a smaller plane to make the flight.
At the same time, the people who usually book at the last minute are the ones who travel for business reasons. As discussed in another article, business travelers are expected to pay more because it is their companies that pay for travel tickets, so prices are tailored according to their needs. What I mean is that the high fare will not scare any company, but it might frighten many tourists. It is better to allow tourists to book before as they reduce the budget, so business travelers will have no problem providing higher rates.
Short and easy. These are the reasons why airlines get better prices for first seats.