Know What You Need To Do If Flight Prices Drop After Booking

While booking air tickets, the biggest question that always strikes in mind is ‘what If Flight prices drops After Booking? ’. Well, this is the most common thing that often happens. No matter even if you booked cheap last minute flights, still the prices may drop. In such scenarios, everyone often wonders what could be the best possible thing to do. If you also have the same concern, then you have come to the absolute right place.

Today, we will be unlocking the most useful tips to get the best deals on air tickets. However, you must have additional knowledge to grab the most satisfactory discount on airfare. So get ready to ‘Know What To Do If Flight Prices Drop After Booking’.

Reasons Why Airline Ticket Prices Drop After Purchase

Firstly, booking air tickets could be a time-consuming task if you don’t seek assistance from professionals, especially for newbies. Furthermore, you may also need to contact air ticket booking agents to get a reasonable deal. On the contrary, if you have a reliable partner for air ticket booking, then you can chill and get cheap flights to India from Canada in one call.

Many times airfare falls down after the air ticket booking. This is one of the most common concerns that people face. There are several reasons that affect the prices of air tickets.The airlines sometimes sell air tickets at a very low price when the departure date is close and there are several unbooked seats in the plane. The bad weather forecast on the travel dates caused the airfare drop.

Additional Reasons for Air Ticket Prices Fluctuation

• Demand – At certain times, the demand for a particular flight route increases. For example, if YYZ to Delhi is high in demand, then airfare may rise, as well as fall. This depends on Airline Revenue Management Algorithm. Generally, airlines increase the price of air tickets to generate good revenue. But airlines also drop the fare to sell the maximum number of air tickets.
• Competition – Just like every other business vertical, airlines also keep a check on competitor airlines to track their airfare details. If one airline drops the price, then another competing airline will also change the fare. So you must always keep your eyes open for multiple airlines to crack the best deal.
• Time of the Booking – Since Airlines use historical data to forecast air ticket prices, prices change drastically in weeks and months before a journey. This strategy helps airlines to manage the balance of seats and profits. If you want to get the best deals on flights from Toronto to Delhi, then book your tickets 2-3 months prior to the departure dates.
• Season – The fare automatically increases during the peak travel time of the year. For example – the festive season, summer holidays, Christmas & New Year, or other holidays. Book air tickets in advance for such seasons. Otherwise, the tickets may cost you double and there is also a possibility that you might not get the tickets.
• Day of the Week -The aviation (airline) industry considers Tuesdays the best day to get great discounts on air tickets. On the contrary, Mondays, Thursdays, and Fridays are believed to be the most expensive travel days. As most businessmen prefer to travel on weekdays so you can get comparatively cheap last minute flights on Tuesdays and Wednesdays.

Steps To Follow To Get Reimbursement After Booking

No matter whether you book national or international flight tickets, there is no guarantee of a refund after air ticket booking. However, there are some scenarios along with a deadline in which passengers can avail reimbursement. If you wish to get discounted deals to book flight tickets from Canada to India, then purchase the tickets 2-3 months in advance. Also, keep checking the latest price of the flight tickets even after booking.

There are mainly 2 scenarios in which passengers can get a refund from the airlines post air ticket booking when airfare drops. However, you need to check each detail carefully with the chosen airline. As many airlines offer refunds only when a passenger cancels the reservation. But not when the airfare drops. On the other hand, some airlines don’t provide refunds.

Scenario 1 – Within 24 Hours Of Booking

If you found a cheaper fare 24 hours prior to the departure time of the flight, then you come inside the 24-hour window. Once you get confirmation that your air ticket price is cheaper and it is under the 24-hour window, then quickly book a new air ticket at a low price. This will ensure that you are not left empty-handed without any confirmed tickets.

Scenario 2 – Post 24 Hours Of Booking

This is a completely different scenario as all the arrangements will depend on the fare type. For instance, if you booked economy YYZ to Delhi flights, in this case, no refund is applicable once the 24-hours window scenario is completed. However, you might get a refund when airfare drops only if you booked the whole economy or higher admission.

Top 3 Airlines Airfare Price Drop Refund Policy

• Air Canada – As per Air Canada Airline, if a passenger finds at least a $5 difference in the airfare for the same flight, then a credit of $50 plus the price difference will be credited to the passenger. This means you will be credited with a refund amount along with the difference between the airfare during the cheap last minute flights.
• American Airlines – According to American Airlines, if a passenger books a refundable ticket for economy class or above, then you are eligible for a full refund even when you drop the flight. Instead, essential economy passengers aren’t eligible for a refund after 24 hours window. Any changes before departure are $200 for national travel and up to $750 for international travel.
• Hawaiian Airlines – The Hawaiian Airlines refund policy covers only the difference between air tickets at the time of purchase. So you might not get any refund even if the airfare drops.