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Soaring Fuel Costs Blamed for Airfare Spike

It’s tough enough to fill our vehicles with gas these days.  If you’re planning to travel by air, it’s not expected to be any better.  In fact, airfares already are soaring and they aren’t expected to get any better in time for the summer travel season.

Neilson Barnard, Getty Images

The $100-plus price tag on a barrel of crude oil that’s driving prices up at the pump is also pushing up the price of jet fuel.  This, of course, means airlines are raising ticket prices which they’ve already done twice since the start of the year.

There are ways to combat the high fares with a little patience and a lot of flexibility.  Tomorrow, Tom Parsons, CEO of bestfares.com will offer suggestions on how to do just that.  He’ll discuss how to time the sales, try alternate destinations and plan ahead in an effort to get the best bang for your buck this upcoming summer travel season.

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