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Reported by: RNS Newsroom Solutions Thursday, Jun 25, 2009 @08:40am CDT Anyone planning summer travel by air should buy that ticket right now.
That's the advise of travel experts who, after watching ticket prices tumble for months, are suddenly noting increases. "The Wall Street Journal" quotes Rick Seaney, CEO of FareCompare.com as saying "I think for the consumer, it's as good as we're going to get right now." Seaney says "some prices are 50-to-100 dollars higher now than they were just a few days ago." Microsoft's Bing Travel agrees saying the average ticket price for markets tracked now sits at 281-dollars, up from 259-dollars three weeks ago. On Memorial Day, a round-trip fare between New York and Honolulu could be found for as little as 353-dollars. On Wednesday the lowest price was 758-dollars. The reason for the increase is a combination of rising oil prices, continuing cuts in capacity by carriers and an apparent revival of leisure-travel. Daniel Garton, executive vice president of marketing at American Airlines says there are changes afoot. He says earlier this year, consumers were rewarded for waiting to buy tickets until very close to travel time. He says "that's going to change now." |
9:30 AM
Reported by: KARK 4 News
Schools, governments and others shutdown for a second day. |
9:15 AM
Reported by: KARK 4 News
A KARK 4 In-Depth investigation, tonight at 6. |
9:00 AM
Reported by: KARK 4 News
Chad Causey announces campaign. |
8:30 AM
Reported by: KARK 4 News
Fight cabin fever by making snow ice cream. |
8:15 AM
Reported by: KARK 4 News
Senate will not convene today, House set to convene this afternoon. |
7:50 AM
Reported by: KARK 4 News
Electric company crews working to get lights, heat back on. |
7:15 AM
Reported by: KARK 4 News
Reports come in from across north and central Arkansas. |
5:50 AM
Reported by: Newsroom Solutions
More than 430-thousand cars involved. |
5:30 AM
Reported by: Newsroom Solutions
Fees begin in May for flights longer than two hours. |
12:01 AM
Reported by: KARK 4 News
Jackpot is $32 million. |