I can’t believe the myth about buying the cheapest tickets Tuesday afternoons persists. (HT: Alan H.)
Airline officials come to work on Monday and decide what airfares should be (based on how seats sold over the weekend). Tuesday morning, every airline finds out what competitors are charging for routes and they can start adjusting fares. All this settles down by the afternoon. So if you want to get a sale fare, “the best time is Tuesday afternoon at 3 p.m.,” says FareCompare CEO Rick Seaney.
At least it’s not the old “after midnight” Tuesday night story because ‘that’s when untickted reservations expire’.
The idea that airlines are ‘deciding what fares should be’ based on weekend sales is strange enough. But to think it takes until the next day for competitors to react is equally strange given the frequency of Airline Tariff Publishing Company domestic data transmissions.
And even if this was true, the advice could equally be you’d better buy your tickets before Tuesday since prices could go up by then. There’s never any suggestion why new fare filings are necessarily discounts.