Dynamic supply and demand, in which airlines modify fares in response to demand and seat availability in real time, affects the price of airline tickets. Prices may decrease to fill empty seats closer to the departure date, or they may increase as seats fill up, encouraging quicker booking. The algorithm used by Kiwi.com collects flights from different airlines and searches continuously for the best deals. This often includes flights from low-cost carriers or flights with longer layovers, which causes abrupt price fluctuations.
More contributing factors affect the cost of tickets. Currency fluctuations, especially when paying in a different currency from the airline's base fare, can cause variations over time. Prices are influenced by seasonal variations, with higher fares during holidays and busy travel periods. Temporary price reductions may result from airline promotions and discounts as well as online retailers like Kiwi.com.
Approaching these swings strategically is necessary. When the prices of the flights you want to book change, price trackers like Kiwi.com's alerts or Google Flights let you know. You can find better deals by making reservations in advance or being flexible with your travel dates, especially during off-peak seasons. A thorough evaluation is ensured by comparing prices across platforms, including those of other booking websites and airline websites. A more accurate comparison is obtained by taking into account the entire cost, which includes any extra fees for things like insurance or baggage.
Finding the exact lowest price is not always possible, but your chances of getting a good deal on your next flight are increased if you use the tools at your disposal and understand the factors that influence price fluctuations.
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