Tuesday, December 16, 2008

Procrastinators rejoice while airlines slash fares

Good things come to those who wait ... especially for last-minute procrastinators booking flights and heading home this holiday season.

Travelers are finding the lowest airfares in years, due to the price of oil at a third of what it was last summer. With the economic slump, last-minute travel cancellations are being made because people are losing their jobs causing a low demand to fly.

If you want to travel this holiday season for cheap, don't expect to fly when everyone else is. Flying on an off day has caused some to have incredibly rewarding savings. George Hobica, founder and president of Airfarewatch.com, says "You'd be surprised how airlines are opening up cheap seats at the last minute. If you haven't made plans already, you may be rewarded." These fares are subject to change day by day, or even hour to hour.

A Saturday departure with a Tuesday returning flight had a fare of $535 round trip. If you depart a day later, on Sunday, that fare dropped to $447. That's not a bad deal. According to the Los Angeles Times, Bet Williams is planning on visiting her mother in Tampa, FL. this Christmas. She was able to find a round-trip fare of $240. Only a month ago, the fare was around $400.

Click here for the complete story.

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