When is the Time to Book the Cheapest Flight?

Photo credit: cheap-hotels-guide.tk

That is a good question.

Buying flight tickets is not like buying Coach handbags.

Economist Makoto Watanabe worked out a formula designed to calculate the best time to buy an airline ticket if you're looking for the lowest prices. The answer, according to his formula: eight weeks before your flight.

Like any such rule, I'm sure you'll find plenty of exceptions, but if you don't enjoy spending a lot of time agonizing about when to buy an airline ticket, it's a good rule of thumb to have on hand. In addition to the eight-week rule, Watanabe's formula also suggests that tickets are cheapest in the afternoon, according to The Observer.


More at Lifehacker.com