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Will airline flights come down in price?

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.



Industry experts and reports from Amex GBT and Cirium for 2026 suggest that while we may not see a "global crash" in airfares, prices are finally reaching a state of stability after years of post-pandemic volatility. In some specific markets, economy fares are actually expected to drop by 1.5% to 2.5% as airlines increase seat capacity and competition intensifies. For example, routes between the U.S. and Japan are seeing a 5% increase in capacity, which is naturally pushing prices downward. However, travelers should not expect a return to the "ultra-cheap" era of the 2010s; rising labor costs, high fuel prices, and new environmental "SAF" (Sustainable Aviation Fuel) mandates act as a floor that prevents fares from dropping significantly. While Economy and Basic Economy should remain relatively affordable due to airline "continuous pricing" algorithms, Premium Economy and Business Class fares are forecast to remain high or even increase slightly due to surging demand for comfort. For the best deals in 2026, the advice remains to stay flexible with travel dates and use tools like Google Flights' "Explore" to find "soft" markets where demand has dipped.

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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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Expedia's report also notes travelers can look forward to a 3 percent decrease in booking airfare in 2024, compared to the higher prices of 2022.

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However, airlines say prices change not because of a consumer's search history on a website, or their cookies, but because of inventory updates or glitches on the website, FareCompare's Rick Seaney said in an email.

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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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Book your flights for the middle of the week On those days, tickets are roughly 12% to 20% cheaper than flying on a weekend day. For economy tickets, prices on Tuesday and Wednesday are generally 24% lower than peak prices, saving you roughly $85 per ticket, CNET's Sophia Fox-Sowell reports.

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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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Tuesday Around Midnight is the Cheapest Time to Book
In general, flights were slightly cheaper at midnight earlier in the week (Monday through Wednesday). However, this is only applicable to about 1.6% of U.S. markets, meaning that it's not likely you'll find the same savings on your specific route.

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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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Flying to Europe in 2024 without spending a fortune is in the cards after a long stretch of sky-high prices. Airlines have added new routes between the U.S. and Europe and announced plans to increase flights on some routes next spring and summer.

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When should I book New Year's flights 2024? It is always recommended to book flights in advance to avail cheap New Year flight deals. According to the trends, October to early November is the best duration to get cheap flights for New Year.

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Why are flights so expensive in 2023? 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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It mostly comes down to supply and demand. Demand is contributing to higher prices as travel continues to surge post-pandemic, Berg said. Sustained strong demand in 2023 continues to put additional pressure on prices, especially to and within regions where travel has only recently reopened like parts of Asia.

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


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According to a recent study by Expedia, the cheapest day to book flights is Sunday. When comparing Sunday flight prices to Friday, Expedia found that travelers save 5% on domestic flights and 15% on international flights. For the past four years, Sunday has been the best day of the week to book flights.

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While the cheapest day to actually pay for airfare can vary from one week to the next, Expedia data shows consumers who book airfare on Sundays instead of Fridays tend to save approximately 5 percent on domestic flights and 15 percent on international airfare.

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At midnight, fewer people travel and there is low last-minute reservation so to fill them, they release multiple offers. With these discounts, you can set aside some amount.

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“If it's an off-peak season — not middle of summer, Christmas or New Year's — then booking about one to three months in advance is typically when cheap flights have the highest likelihood of popping up,” he said. “When you're talking about international travel, two to eight months in advance.”

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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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It's likely that domestic airfares will continue to sink through the rest of 2023, says Keyes. But prices still tend to run higher in peak holiday periods. To watch for low fares, you can enter your itinerary at sites such as Google Flights and Kayak and receive e-mail alerts when prices drop.

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How often do airlines update airfare information online? The airlines update fare information 3 times a day. They do not necessarily change airfare prices all three times, but they certainly can, and often do.

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How far in advance should you book flights? Passengers pay the lowest price, around 6% below the average fare, if they buy their tickets six weeks before their flight. That's the golden rule thousands of travel blogs and articles swear by.

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