It’s Not Too Early to Book Your Holiday Flights

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WSJ Your Money Briefing 8 min 3 speakers 3 chapters transcribed 2 months ago
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ReliaQuest Advertiser 0:00
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J.R. Whalen 0:30
Here's your Money Briefing for Wednesday, October 5th. I'm J.R. Whelan for The Wall Street Journal. We're just a few days into October, and if you're thinking of taking a flight this coming holiday season, travel experts say the best time to start booking is now.
Allison Pohle 0:49
Airlines have trimmed their schedules, so they are flying less than they had anticipated earlier this year, which does affect availability for the holidays.
J.R. Whalen 0:58
Allison Pohle covers the travel industry for the WSJ. Coming up, we'll talk with her about how passengers can navigate the system to save on airfare. That's after the break.
ReliaQuest Advertiser 1:08
This podcast is brought to you by ReliaQuest. Cyber criminals are constantly attacking. They want your data. They want your identity. They want your innovation. ReliaQuest fortifies your business with agentic defense, AI that detects, contains, and eliminates cyber threats in minutes. It helps your security team move faster at the work that matters most to protect the business now and delivers insights to help them predict what's next. ReliaQuest, agentic defense for the enterprise. Learn more at ReliaQuest.com. That's R-E-L-I-A-Q-U-E-S-T.com.
J.R. Whalen 1:46
Have you made your holiday season travel plans yet? It may only be October, but travel experts say people should start booking their flights now to find the best value and avoid dreaded delays.

Why are travel experts saying you should book holiday flights in October?

J.R. Whalen 1:56
But that can be tricky. Wall Street Journal travel reporter Allison Pauley has been speaking with experts to get some tips for travelers who plan to fly the friendly skies this November and December. Allison, thank you very much for being with us.
Allison Pohle 2:08
Thanks so much for having me.
J.R. Whalen 2:09
You know, Allison, it seems like all we heard this past summer were stories about furious passengers waiting around at the airports because of delays and schedule changes. Have things gotten any better? Are the airlines and airports ready to handle the holiday rush?
Allison Pohle 2:22
They have gotten better, though. If you've tried to fly during some of the recent weather issues, you might not think so. Weather is always an issue that airlines have to contend with, though. But overall, delays and cancellations have gone down compared to earlier this year. And airlines have trimmed their schedules so they are flying less than they had anticipated earlier this year, which does affect availability for the holidays.
J.R. Whalen 2:48
OK, but another big part of this equation is the cost. Airfares are higher than a year ago, and airfares for holiday travel are typically even more expensive. So why should people think about booking now?
Allison Pohle 2:58
Prices are only going to go up. So as the travel date gets closer, availability is more limited. And as I mentioned, there are more limited routes this year. So with the laws of supply and demand, prices will increase.

How have airline schedules and capacity cuts affected holiday availability?

J.R. Whalen 3:12
All right, so let's talk about how people can not only save money, but also cut down on their frustration. So there are a lot of sites that allow people to check airlines, airfares, and travel routes. But how should people approach the search process?
Allison Pohle 3:24
In addition to keeping an eye on those major airlines that you probably fly often, you can also study fares on newer budget airlines. So there are competitors in the field who might not be on your radar. For example, Avelo and Breeze are low-cost carriers, and they've added routes in recent months, and they often fly from smaller regional airports. But if you're looking at those carriers, just be aware that there will likely be added fees for baggage and for seat selection, which can drive up the price.

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