Gas down - how about air fares
 

I'm guessing it's too much to hope for, but is anybody speculating that the cost of flights will drop some to reflect the lower oil prices?

Monday I put a reservation on hold, next month DFW to Seattle midweek overnight stay.Priced at $593.00...Yesterday priced out at $401.00..I pulled the trigger,Tonto...

Way to work the system, BeachBoi - You're my new hero!!

Congrats!!

=D> B-Boy!

Well done BeachBoi.

Oil closed at ~$124/barrel today. Yes, prices have dropped in the last couple of weeks but there's still no comparison to where we were at this time last year, which was around $75/barrel. I would like to believe flight costs will drop too but I'm not holding my breath. The airlines have lost too much money in the last year and plans are already underway to cut routes. This will result in less flight capacity, more full flights, and higher fares.

Sorry to be the wet blanket, I want to dream of low fares too....but I just can't. :-((

Don't hold your breath on this one. Airlines have too much red ink to lower fares very much.

Amusing post....here's why I say that

Booked AA flights DCA-MIA for three people for December 2008 about a year out.

Total cost (coach): $1287 and this is leaving on 26 Dec w/return 3 Jan

Priced the exact same itinerary and flights a few minutes ago:

Total cost: $2007


Are airline prices going to go down?

You tell me.