Will air fares go down in 2023?

Domestic airline prices are on the decline in 2023, finally retreating after spiking just a year ago. International fares are still high. After soaring in 2022, prices for domestic airline tickets are on the descent.



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But even compared to pre-pandemic prices, airfares are lower. Average U.S. airfares are more than 6.5% lower in September 2023 than they were in September 2019, meaning prices aren't just lower than they were last year, but even lower than what they were pre-pandemic. September 2023 vs.

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Time your booking right
“For domestic flights, if you're talking peak season, it's about three to seven months in advance,” he says. “For international flights — [it's] four to 10 months.”

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The cheapest months to travel are:
  • November – early December.
  • Late January – March.


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Flights cost even more in early 2023 than they do now. Factors such as fuel costs, staffing shortages, aging IT infrastructure and hidden fees all contribute to expensive flights in 2023.

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Now, the day of the week you choose to travel does make a difference in the best time to buy flights. In 2023, the cheapest day of the week to fly is Wednesday. Flying on Wednesday will save you almost $100 versus Sunday – the most expensive day to fly.

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By flying out of an airport that's not as busy or choosing a destination not as popular with tourists, people can save money on their trip. Travelers can also save cash by being flexible with dates, especially when booking for midweek or offseason vacations.

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15 Tips from Women to Save Money on Travel in 2023
  1. Set a budget and follow it. ...
  2. Look for deals and discounts. ...
  3. Look beyond the cost of the plane ticket. ...
  4. Exchange your money before leaving. ...
  5. Download an eSIM card. ...
  6. Stay in hostels or shared accommodation. ...
  7. Eat your biggest meal at lunch. ...
  8. Eat like a local.


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In response, on May 8, 2023, the Biden administration proposed new rules that would require airlines to compensate passengers whose flights are canceled or significantly delayed because of causes – unlike bad weather – that are under the control of the airlines.

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Beginning May 3, 2023, your driver's license will need to be REAL ID-compliant if you want to use it to fly within the U.S. It's part of a law passed by Congress. If your license is not compliant, and you don't have another acceptable form of ID, you'll have trouble getting through airport security.

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Now, the day of the week you choose to travel does make a difference in the best time to buy flights. In 2023, the cheapest day of the week to fly is Wednesday. Flying on Wednesday will save you almost $100 versus Sunday – the most expensive day to fly.

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Tuesdays and Wednesdays are the cheapest days to fly domestically. The cheapest days to depart if you're flying within the U.S. are midweek — generally Tuesday or Wednesday. For economy tickets, Tuesdays are about 24% lower than peak prices on Sundays, which translates to savings of about $85 per ticket.

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Timing plays an important part. Specifically, plane tickets usually don't get cheaper closer to the departure date. Instead, flights tend to be the most inexpensive when you book between four months and three weeks before your departure date.

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International Inbound Travel Year-over-year, inbound travel volume is projected to grow 31% in 2023 and 18% in 2024, while inflation-adjusted spending is projected to grow 34% in 2023 and 19% in 2024. Volume in this sector is projected to recover by 2025, while inflation-adjusted spending will not recover until 2026.

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10 Cheapest Countries To Visit in 2023Backpacking Trips To Make for Beginners
  • Vietnam.
  • Colombia.
  • Peru.
  • Albania.
  • Sri Lanka.
  • Turkey.
  • Georgia.
  • Nepal.


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The research states, “The cost of travel may drop with the advancement of technology. With more companies switching to automation, it's not hard to imagine a future where travel is less expensive.”

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Average fares are currently 36% higher than they were 12 months ago. (Adjusting for inflation, airfare is up 24%.) In 2023, I expect that to reverse and year-over-year fares to fall.

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While booking your flight on a Sunday helps you get the lowest price, actually flying domestically on a Wednesday may help you save 15 percent off airfare. Data shows that, almost across the board, travelers who flew on Wednesdays instead of the beginning of a week saved this much on domestic flights.

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Is there a cheapest month to fly? If you're looking for a bargain month to travel, February is your best bet. Flights in January closely follow February for being most affordable.

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Generally, you should book domestic flights one to four months in advance. For international flights, you should book at least six months in advance. You'll want to give yourself more time for research for the latter than when traveling on domestic itineraries.

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How far in advance should you book a flight to get the best deal? The best time to book a flight is one to three months before your departure for domestic airline tickets and two to eight months prior for international flights, according to Scott's Cheap Flights. “We call these the 'Goldilocks windows,'” says Keyes.

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