Analysts: Fares low for now, but airlines are trimming capacity

02/5/2009 | USA Today

Falling demand has led to a broad drop in airfares, but experts say the lower prices will likely be short-lived. According to an analysis by FareCompare.com and USA TODAY, fares on many routes are lower this year than they were last winter -- traditionally a slow time for the airline industry. "Book now and book quick," urges aviation consultant Michael Boyd, who expects higher fares by July as airlines cut available seats.

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