Why are there price differences for the same flight on different dates?

The price differences for the same flight on different dates can be attributed to several factors related to the airline industry's pricing strategies. Airlines utilize dynamic pricing models that take into account demand, supply, and competition. On days when demand is high, such as weekends, holidays, or peak travel seasons, prices tend to increase due to the limited availability of seats. Conversely, on less busy days, prices may decrease as airlines aim to fill their flights. Another factor that affects pricing is advance booking. Tickets purchased well in advance often come at a lower price, while last-minute bookings can command a premium. Additionally, airlines will implement promotions or sales on specific routes, which can create price variations within close time frames. It is also worth noting that different airlines have different pricing strategies, which can lead to discrepancies in fares across similar routes. Finally, external factors such as fuel prices, economic conditions, and even events happening at the destination can influence ticket prices. To find the best deals, travelers are encouraged to compare prices across various dates and book when they find a suitable rate.