pp. Predicting when the price of an upcoming flight will be at its lowest.
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A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting — predicting the best date to buy a ticket.
—Stephanie Rosenbloom, “The Art of ‘Farecasting’ the Lowest Airfare,” The New York Times, September 14, 2015
Hopper and Flyr are what are known as “farecasting” services. As their name implies, farecasters not only show what the lowest rates are currently but where they’re apt to go, and when. Never again will you pay $1,100 to fly from Kansas City to Tucson just because you didn’t know the rates were being halved in another week.
—Kit Kiefer, “Travel-Tech Review: Two New Farecasting Apps Tested,” Berkshire Hathaway Travel Protection, May 18, 2015
The cheapest I found was for $269. I am not sure if this could be the lowest I can get (Bing is farecasting that the prices might drop or stay the same, with 80% confidence).
—usern, “FAQ: How to find the best airfare deals” (reply), FatWallet, February 11, 2010
2008 (earliest)
farecasting a flight to see if we can do a surprise trip in March.
—Sanjay Perekh, “farecasting a flight…,” Twitter, February 17, 2008