Is it still a bad idea to wait until the last few days before a flight to buy a ticket? Yes. However, extra capacity and low-fare competition is causing some counterintuitive pricing. Walk-up fares, for example, are not always the most expensive.

For the most part, travel management pros continue to advocate advance purchasing. It's a common component of corporate policies. Advito senior director and air practice area leader Olivier Benoit said the tenet to book further out for lower fares still holds, "generally speaking." According to a Concur analysis, businesses on average save $148 per ticket . . .

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