FlyerTalk Forums - View Single Post - Elliot predicts fares will drop sharply

Aug 1, 2010 | 8:32 pm

#28

oklAAhoma

Join Date: Mar 2004

Location: OKC/DFW

Programs: AA EXP/2 MM

Posts: 9,999

Quote:

Originally Posted by elitetraveler

Actually the article was more about prices fall for amusement parks and las vegas, less so on airfares.

Hmm...

"Tired of high hotel rates and airfares this summer? Just wait. Travel prices may be about to go into a tailspin — again."

"It wasn’t supposed to happen like this. Airfares, car rental rates, cruise prices and hotel rates should be recovering from their record lows in 2010."

"...and air fares, which are up slightly now, are already starting to head south for the fall in selected markets."

"For example, some airfares to Europe are outrageous. That’s because airlines are playing that game they always play with us at this time of year, which is to keep the prices high until they start to panic.
Trust me, they will panic."

"I can’t imagine them staying that high, so to anyone who sees a fare that’s completely unaffordable, I recommend a site like Yapta, which lets you track the price and buy when the time is right. Also, check out Bing Travel, which actually projects the direction the fares will go. (It recommends waiting, although prices have already come down by about $200 for fall flights)."