Every industry has unique ways to get things done for less money. Whether it’s purchasing goods or services, insiders tend to know the best ways to get more bang for the buck. The airline industry is no different than many profit-seeking ventures and for passengers looking to secure discount business class tickets, there are more than a few ins and outs. Here a five things to keep an eye out for when looking to enjoy premium airline seating without paying full price.
- Frequent Flyer Programs: Airlines, like many other businesses, like to take care of their regulars. The most well-known program may be the frequent flyer miles. Signing up for frequent-flyer type reward programs can earn you enough points to upgrade your coach ticket to premium seating. Airlines have numerous rewards programs with varying point and reward systems.
- Unsold Seats: The airlines are not all that different than super markets. If the Halloween candy didn’t sell before Oct. 31, they put it on sale. If at time of departure there are premium seats available, you can upgrade and get discount business class tickets at a savings of about 30 percent. Ask to get on the airline’s notification lists.
- Buy Long In Advance: The airlines run their ticket sales by the tried and true supply and demand method. The further out you buy a ticket, the more are available, so the cheaper the unit. The closer the departure time, the fewer tickets available, the higher the cost per ticket. In terms of discount business class tickets, the same type of capitalism is in play. It’s feasible to save as much as 25 percent of you book your flight more than 90 days in advance. The benefit of booking early is that you know you’ll have that comfy seat waiting.
- Volume Booking Agencies: Think in terms of the wholesale industry. Large corporations by in bulk and sell off the individual units at a lower cost than most retailers. It’s the basis for the way companies like Wal-Mart, BJ’s and Sam’s Club work. Travel agencies that deal in high volume ticket sales are able to greatly reduce your costs. These ticket brokers have been known to tout savings ranging from 30 to 70 percent.
- Secret Auctions: This falls under the category of insider knowledge. While airlines do not generally publicize online ticket auctions, they do exist. Some allow people with a ticket in hand to bid on upgrades. The auctions are a lot like eBay, you put in the amount you want to pay for business class tickets and see if you win the bid.
When you start to look at how airlines function as businesses, it’s easy to see that they are very similar to other industries. So apply what any bargain shopper would do to save money for a higher quality product.