Saturday, March 14, 2009

Downturn Puts Air Travelers on Cloud Nine - washingtonpost.com

Airbus A330-200

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Airlines have rushed out coast-to-coast travel deals for as little as $99 each way for the spring and summer as the economic downturn has taken hold. Continental Airlines and United Airlines, fighting it out on routes between Washington and Los Angeles, have priced round-trip tickets under $200. Airlines in recent weeks have cut ticket prices as much as 50 percent from a year ago, travel analysts say.

"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.

Downturn Puts Air Travelers on Cloud Nine - washingtonpost.com

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1 comment:

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