Holiday Airfares Surge 55%: Best and Worst Days to Fly Revealed

UPDATE: Holiday travelers brace for a staggering 55% increase in flight prices as new data reveals the best and worst days to fly this season. A recent analysis by Upgraded Points, an Austin-based travel company, confirms that domestic airfare is surging significantly compared to previous years, leaving many feeling the pinch in their wallets.

The analysis examined over 40,000 one-way flights across the 10 busiest U.S. domestic routes during critical travel periods: the week of Thanksgiving and the Christmas holiday. The findings show that the average fare during the Thanksgiving window skyrocketed from approximately $178 in early November to about $276—an alarming jump of 55%.

Travelers looking for cheaper flights might find some relief on Sunday, November 23 and Monday, November 24, which are reported to be slightly lower than the baseline fares. However, the situation worsens dramatically after Thanksgiving. On Saturday, November 29, prices soared by an astonishing 167% above the baseline, while Sunday, November 30 saw a 115% increase.

As we approach the Christmas travel window, the average one-way fare is projected to hover around $282, reflecting a 58% rise from the early November baseline. The data indicates that the steepest price hikes occur in the days immediately following Christmas, compounding the financial strain on travelers.

Airline pricing dynamics also show marked fluctuations. Budget carriers like Frontier are experiencing the most significant price increases amidst rising demand. Other low-cost airlines, including Spirit and JetBlue, are not far behind, with similar surges in their fare structures. In contrast, Southwest Airlines reported a more modest 28% increase, while major airlines such as United, Delta, and Alaska Airlines maintain surcharges between 40-60%.

Travelers are advised to secure their flights as soon as possible, especially if planning to fly during peak holiday dates. With airfare expected to continue rising, knowing the best and worst days to travel is crucial in managing holiday budgets effectively.

As families prepare to reunite for the holidays, the financial implications of these fare hikes cannot be ignored. The urgency to book flights immediately is apparent, as prices are likely to fluctuate further in the coming weeks.

Stay tuned for more updates as this situation develops, and share your experiences of holiday travel this year.