Last updated: 03:12 PM ET, Sun August 21 2016

Aug. 23 Cheap Flight Day Looms

Airlines & Airports | Rich Thomaselli | August 21, 2016

Aug. 23 Cheap Flight Day Looms

PHOTO: It’s that time of year again – Cheap Flight Day is Aug. 23. (Photo courtesy of American Airlines)

Here comes the airline version of Black Friday.

Aug. 23 is generally considered “Cheap Flight Day,” or roughly the day when summer’s peak fares drop, fall fares begin, and deals are to be had.

The reasoning? Simple. Supply and demand.

All across the country kids have either returned to school or are about to go back. The summer travel season is over and demand to fly is less, hence the enticing lure of 10- to 20-percent drops in airfare, on average, for domestic flights and flights to Europe.

It’s a relatively short window on the savings – about two months, a little more maybe, until November and the holiday travel season starts up – but it’s nonetheless a drop in prices.

Now, combine that drop with some other tips and ideas and you can really save. Like:

* Certain days of the week still are the preferred days to buy tickets. They are Tuesdays, Wednesdays and Saturdays. Monday can be OK but that’s usually the start of a business traveler’s week. Avoid Fridays and Sundays like the plague.

* Keep your options open, especially if you are somewhat equidistant from two or more airports. For instance, a flight from New York’s John F. Kennedy International Airport to Orlando on JetBlue Airways from Oct. 4 to Oct. 9 costs $280. Yet Newburgh’s Stewart International Airport (90 minutes north of JFK) has the same flight for $242 – and far, far, far less hassle since it is a much smaller airport.

* Always buy your tickets at least 30 days before traveling, if not more.

* Consider an overnight flight if traveling to Europe, since prices are lower at odd hours.

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