Recession led cheap air fares are a boon for those with a bit of cash. Coast to coast (US) fares have never been cheaper $99 each way. This is almost 59% off the prices from a year ago! And - British airways was offering fares as low as $510 to London!
The rising dollar has also help Americans who wish to travel. Up almost 40% against the Euro more people have been able to travel.
From the article - “If you are paying over $300 for an airline ticket right now, you are probably paying way too much,” said Rick Seaney, chief executive of FareCompare.com. “We’ll never see these prices again outside of a recession.”
The fare war comes as American companies scale back business travel and skittish consumers put off vacation plans, putting new pressure on airlines that only a year ago were fighting high fuel costs.
In addition to lower fares for domestic flights, international travel has suddenly become cheaper, with many round-trip tickets to Europe priced at less than $500 for travel in April and May.
