Do flight prices (Ryanair) only go up in price
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I am trying to book a 2/2.5 hour flight across Europe 3 months in advance, and the price of a return ticket has just increased from £125 to £190 at some point over the last week. This was an increase in price for all flights on this route with Ryanair across July/August. Do flight prices go down after a sharp increase, or will they stay this high?
air-travel
asked Apr 28 at 13:11
Daven
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I am trying to book a 2/2.5 hour flight across Europe 3 months in advance, and the price of a return ticket has just increased from £125 to £190 at some point over the last week. This was an increase in price for all flights on this route with Ryanair across July/August. Do flight prices go down after a sharp increase, or will they stay this high?
air-travel
asked Apr 28 at 13:11
Daven
854
2
Usually, but no hard rule here, prices go up once the cheaper chairs in the flight have been sold and do not come down. But if the flight is not selling well enough before a set (by the company) date, they might offer some more cheap seats. Or there might be a company wide 'sale'. More likely is that the £190 will also sell and you will only find higher prices. July and August are top months for holiday travel and seats will almost or completely all sell.
– Willeke♦
Apr 28 at 13:17
add a comment |Â
up vote
4
down vote
favorite
up vote
4
down vote
favorite
I am trying to book a 2/2.5 hour flight across Europe 3 months in advance, and the price of a return ticket has just increased from £125 to £190 at some point over the last week. This was an increase in price for all flights on this route with Ryanair across July/August. Do flight prices go down after a sharp increase, or will they stay this high?
air-travel
asked Apr 28 at 13:11
Daven
854
I am trying to book a 2/2.5 hour flight across Europe 3 months in advance, and the price of a return ticket has just increased from £125 to £190 at some point over the last week. This was an increase in price for all flights on this route with Ryanair across July/August. Do flight prices go down after a sharp increase, or will they stay this high?
air-travel
asked Apr 28 at 13:11
Daven
854
asked Apr 28 at 13:11
Daven
854
asked Apr 28 at 13:11
Daven
854
asked Apr 28 at 13:11
Daven
854
854
2
Usually, but no hard rule here, prices go up once the cheaper chairs in the flight have been sold and do not come down. But if the flight is not selling well enough before a set (by the company) date, they might offer some more cheap seats. Or there might be a company wide 'sale'. More likely is that the £190 will also sell and you will only find higher prices. July and August are top months for holiday travel and seats will almost or completely all sell.
– Willeke♦
Apr 28 at 13:17
add a comment |Â
2
Usually, but no hard rule here, prices go up once the cheaper chairs in the flight have been sold and do not come down. But if the flight is not selling well enough before a set (by the company) date, they might offer some more cheap seats. Or there might be a company wide 'sale'. More likely is that the £190 will also sell and you will only find higher prices. July and August are top months for holiday travel and seats will almost or completely all sell.
– Willeke♦
Apr 28 at 13:17
2
2
Usually, but no hard rule here, prices go up once the cheaper chairs in the flight have been sold and do not come down. But if the flight is not selling well enough before a set (by the company) date, they might offer some more cheap seats. Or there might be a company wide 'sale'. More likely is that the £190 will also sell and you will only find higher prices. July and August are top months for holiday travel and seats will almost or completely all sell.
– Willeke♦
Apr 28 at 13:17
Usually, but no hard rule here, prices go up once the cheaper chairs in the flight have been sold and do not come down. But if the flight is not selling well enough before a set (by the company) date, they might offer some more cheap seats. Or there might be a company wide 'sale'. More likely is that the £190 will also sell and you will only find higher prices. July and August are top months for holiday travel and seats will almost or completely all sell.
– Willeke♦
Apr 28 at 13:17
add a comment |Â
1 Answer
1
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oldest
votes
up vote
7
down vote
Flight prices are based on supply and demand, which the airlines implement through (rather convoluted and complicated) revenue optimization systems.
In ticket prices go up early, that means, they are selling faster than the airline had expected. There is a high likelihood that this trend will continue and so chances are: prices will stay or go up further. July/August are high demand times anyway.
It's not impossible for prices to go down again: if demand slows, they may lower them again. However, it's unlikely.
Also, it doesn't harm keeping an eye on it: the revenue optimization systems are so complicated that they misfire occasionally. For example, I've got occasionally bought business class tickets that were cheaper than economy.
answered Apr 28 at 13:41
Hilmar
17k12955
add a comment |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
7
down vote
Flight prices are based on supply and demand, which the airlines implement through (rather convoluted and complicated) revenue optimization systems.
In ticket prices go up early, that means, they are selling faster than the airline had expected. There is a high likelihood that this trend will continue and so chances are: prices will stay or go up further. July/August are high demand times anyway.
It's not impossible for prices to go down again: if demand slows, they may lower them again. However, it's unlikely.
Also, it doesn't harm keeping an eye on it: the revenue optimization systems are so complicated that they misfire occasionally. For example, I've got occasionally bought business class tickets that were cheaper than economy.
answered Apr 28 at 13:41
Hilmar
17k12955
add a comment |Â
up vote
7
down vote
Flight prices are based on supply and demand, which the airlines implement through (rather convoluted and complicated) revenue optimization systems.
In ticket prices go up early, that means, they are selling faster than the airline had expected. There is a high likelihood that this trend will continue and so chances are: prices will stay or go up further. July/August are high demand times anyway.
It's not impossible for prices to go down again: if demand slows, they may lower them again. However, it's unlikely.
Also, it doesn't harm keeping an eye on it: the revenue optimization systems are so complicated that they misfire occasionally. For example, I've got occasionally bought business class tickets that were cheaper than economy.
answered Apr 28 at 13:41
Hilmar
17k12955
add a comment |Â
up vote
7
down vote
up vote
7
down vote
Flight prices are based on supply and demand, which the airlines implement through (rather convoluted and complicated) revenue optimization systems.
In ticket prices go up early, that means, they are selling faster than the airline had expected. There is a high likelihood that this trend will continue and so chances are: prices will stay or go up further. July/August are high demand times anyway.
It's not impossible for prices to go down again: if demand slows, they may lower them again. However, it's unlikely.
Also, it doesn't harm keeping an eye on it: the revenue optimization systems are so complicated that they misfire occasionally. For example, I've got occasionally bought business class tickets that were cheaper than economy.
answered Apr 28 at 13:41
Hilmar
17k12955
Flight prices are based on supply and demand, which the airlines implement through (rather convoluted and complicated) revenue optimization systems.
In ticket prices go up early, that means, they are selling faster than the airline had expected. There is a high likelihood that this trend will continue and so chances are: prices will stay or go up further. July/August are high demand times anyway.
It's not impossible for prices to go down again: if demand slows, they may lower them again. However, it's unlikely.
Also, it doesn't harm keeping an eye on it: the revenue optimization systems are so complicated that they misfire occasionally. For example, I've got occasionally bought business class tickets that were cheaper than economy.
answered Apr 28 at 13:41
Hilmar
17k12955
answered Apr 28 at 13:41
Hilmar
17k12955
answered Apr 28 at 13:41
Hilmar
17k12955
answered Apr 28 at 13:41
Hilmar
17k12955
17k12955
add a comment |Â
add a comment |Â
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Usually, but no hard rule here, prices go up once the cheaper chairs in the flight have been sold and do not come down. But if the flight is not selling well enough before a set (by the company) date, they might offer some more cheap seats. Or there might be a company wide 'sale'. More likely is that the £190 will also sell and you will only find higher prices. July and August are top months for holiday travel and seats will almost or completely all sell.
– Willeke♦
Apr 28 at 13:17