Hold On — Airfares Heading Up!
October 27, 2016: The glut of new bigger planes has been responsible for average airfares declining the past 2 years — and airlines stocks have fallen. Airlines are now planning for fewer flights — limiting seats — and driving up prices. Delta and American say they will only grown 1 percent next year. And, most US carriers are falling in line and adding a “premium economy” fare (somewhat larger seat and some minuscule in flight amenities — the free ones they took away years ago) — fares will go up. There might still be a few deals, but most likely for business and first class flyers!
