The Fareologists at Farecast.com offered tips for consumers to know when to buy and fly this holiday season. To get the best price this season, data reveals that for Thanksgiving, being flexible with the return date has the biggest impact on price. For December Holiday travel, focusing on the date of departure could save you more money. Avoiding the popular Friday or Saturday Christmas departure could save you over $90 per ticket.

Know When to Fly This Holiday Season

Consumers who know when to fly can save big bucks this holiday season. For Thanksgiving 2007, data reveals that the best deals are starting to dwindle, but flexibility with return dates can offer some great deals for consumers. Travelers who extend their trip to return on Monday or Tuesday can save $60-$100 per ticket.

For Christmas, focusing on your date of departure could yield the best potential savings.

During 2006, Christmas itineraries saw price drops in early October between $60-90, so watch and track your trip with alerts over the next few weeks, as they could go fast," said John Rauser, a Farecast's Fareologist. "Prices during the holiday are extremely volatile. Currently fares are between 3-7 percent higher than last year and we will be watching closely to see if they continue to make a steady climb, or dip over the next several weeks."

Know When to Buy Holiday Travel

Knowing when to buy can save you equal amounts of cash this holiday. Watching airfares and buying when prices are low can save you between $20 and $100 on most trips. For example, the lowest price for a trip from Newark, NJ to Jacksonville, FL on Sept. 22 last year was $259 and by Sept. 27 it has fallen to $238. On Oct. 3 it spiked to $289, before falling back to $235 on Oct. 15. On Nov. 1, the price jumped to nearly $290 and would fall below $275 on only a few occasions before the flight departed on Dec. 21. By knowing when to buy and setting up a Farecast alert for your trip, you could have locked in that low $235 price.

Farecast's Holiday Forecast also offers the following tips for 2007 holiday travel:

- Expect to Pay More this Thanksgiving: Currently, fares for the 2007 Thanksgiving holiday are 3-7 percent more expensive than last year and the price decreases we saw last year in early September have not recurred this year. For travelers who are hoping to head home for the Thanksgiving holiday, booking now may offer the best savings.

- Be Flexible to Maximize Savings: For Thanksgiving, return date flexibility offers the biggest impact on price. For Christmas, you will save more money by shifting your outbound travel date. Specifically avoiding the popular Friday or Saturday before Christmas departure days can save approximately $60-90 per ticket. Avoiding the return day before New Year's can save you $25 on average.

- Watch October for Christmas Holiday Price Drops: During 2006, many Christmas itineraries saw price drops on October 1 and October 14-15. Avoid the Friday or Saturday departure, and watch prices through mid-October to see if these sales repeat. Data suggests there are 50 percent more price drops during the holidays than other times of the year so alerts are critical to catch elusive deals.

Farecast's Holiday Predictions utilized historical prices for 2,000 popular routes focusing on Christmas and Thanksgiving trips lasting between 2 and 8 days.