Cheaper airfares are expected after summer travel season ends
Lines at CVG.
Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 07/30/2012
WASHINGTON - Air travelers may soon see some relief from soaring air fare prices, at least temporarily.
In the first three months of the year, domestic airfares climbed nearly 5 percent from the same period last year, according to information from the U.S. Transportation Department reported in a Chicago Tribune article . That's on top of an 8.3 percent increase last year and another 8.3 percent in 2010, the article reported.
In August, fares are expected to drop between 10 and 20 percent as the summer travel season comes to an end, according to the article.
To read the full report, go to http://www.chicagotribune.com/business/breaking/chi-lower-airfares-expected-soon-07302012,0,1897124.story.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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