TRAVEL
05/23/2013 06:02 pm ET | Updated Sep 17, 2013

Best Days To Buy Plane Tickets Are Saturday And Sunday, Study Finds

AP

While it may be too late to book your Memorial Day weekend travel, it's always good to know how to travel on a smart budget. According to a recent study conducted by a Texas A&M University professor, weekends are the best time to buy airfare as prices drop nearly 5 percent.

Additionally, the study notes that such discounts are greatest for routes that include both business and leisure, but not leisure exclusively. Professor Steven Puller, author of the study, explains, "Take a route that serves both business and leisure travelers. If the business travelers primarily purchase tickets on weekdays, then the typical traveler buying on the weekend is more likely to be a price-sensitive leisure traveler than a business traveler. There is an incentive for the airlines to lower fares on the weekends to try to entice the price-sensitive leisure traveler to buy a ticket."

Although the study only took into consideration round-trip flights with nonstop service excluding those around Christmas, Thanksgiving, and New Years, it nonetheless gives travelers a heads up on how to save a buck or two.

So as summer is fast approaching, it might not be a bad idea to keep this in mind for those long-awaited weekend travel plans.

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