Airfares Rise Ahead of Holiday Travel Season
ATLANTA, Ga. - The nation’s top nine airlines are expected to announce that they made more than $2 billion in the last three months. The news comes as air fares are skyrocketing for the holidays.
Analysts say the cheapest holiday fares already gone, and demand is increasing.
The profit the airlines are expected to announce they’ve made marks their first profit in three years, and experts say you can expect airlines to continue making money through the end of 2010 with higher fares.
Experts say the cost of airfare is up to 18 percent higher than it was this time last year.
As we head into the holiday season, experts predict airlines will count on travelers who value time with their loved ones over how much it will cost them to get there.
ATLANTA, Ga. - The nation’s top nine airlines are expected to announce that they made more than $2 billion in the last three months. The news comes as air fares are skyrocketing for the holidays.
Analysts say the cheapest holiday fares already gone, and demand is increasing.
The profit the airlines are expected to announce they’ve made marks their first profit in three years, and experts say you can expect airlines to continue making money through the end of 2010 with higher fares.
Experts say the cost of airfare is up to 18 percent higher than it was this time last year.
As we head into the holiday season, experts predict airlines will count on travelers who value time with their loved ones over how much it will cost them to get there.
