Today is National Cheap Flight Day, when ticket prices tend to start dropping ahead of the holidays.
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Gas prices are down from earlier this summer, which helps. But it's mainly because kids are back in school, so the summer travel season is over.
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Airlines like to keep flights as full as possible to maximize profits. So historically, August 23rd is when they tend to start cutting prices to increase demand.
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A website that tracks this stuff says prices peaked around June 15th. And by the end of July, they'd already dropped 20%.
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They should dip a little more by the end of August, but they won't be too cheap for long.
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They usually start to go back up around the end of September as we start gearing up for the holidays.Â
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