I did a quick search on Thursday night for a Melb > LAX > JFK and then LAX > Melb set of flights for early next year. They were $1410 all up, a fairly reasonable price I felt, so thought I'd book them on Friday night once I was home as I was at work at the time. I go to book them tonight and they've shot up to $1915. Stunned, I checked other airlines (the flights I wanted to book were with QANTAS) and all other competing airlines - Virgin Australia, United Airlines etc - had all had several hundred dollar price rises overnight also.
Is this common practice? For all airlines to jump so hugely for a flight that's 7 months away has me very surprised. If the flight were in a matter of weeks I'd kind of understand why as it'd be getting closer to capacity. But for all airlines to jump so much overnight.. If it is common practice, is it like buying petrol i.e. flights can be cheaper on a certain day of the week, or a certain week of the month? I'm definitely not wanting to shell out close to 2k for flights!!
Many thanks.
It may just be that the prices have shot up, but it would also be worth it for you to search again using private search or incognito mode (whatever your browser has). There is speculation that flight websites are tracking peoples cookies, when they know you are interested in flights the prices shoot up.
elliott.org/the-navigator/no-airline-cookie-conspiracy-what-about-this-trail-of-crumbs/
I don't know if it's true but worth a look at.