Holiday Travel May Mean Less Cash if You Book Late

In past years those who waited for the last minute to buy up tickets reaped the biggest rewards. Until the recession hit the airlines where it really hurt.....their profit margin.



But don't wait too long come this Holiday travel; doing so could cost you a pretty penny. Airline fares are rising, and as more and more companies increase those rates consumers will be paying the price, and not including all those little extra fees for comfort.

Experts are encouraging flyers to buy now and avoid those extra costs if you are the last of the crop to buy airline tickets. You don't want to miss grandma's famous pumpkin pie because you couldn't afford the rate hike.

Its simple, book now and save.

Airlines have a bit of an advantage in this game of cat & mouse with those who travel. Because of the economy, they have been grounding their airplanes. Less seats for sale gives the airlines more power to set prices, since they are less desperate to get even modest fares to help fill up planes.

The number of domestic seats for sale is down 5 percent this month, compared with October last year, and they are down 21 percent from October 2000, according to OAG, an aviation-data firm.

What does this mean for travelers who plan thei trips early and are more flexible with their schedule? They are more likely to get a bargain this year.

I don't know about you, but I'm not missing grandmas famous pumpkin pie!

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