Falling fares for spring?

CHI.jpgSomething’s not working. Air fares were supposed to be going up, not down, but Travelocity says that just isn’t happening. In fact, says the Sabre travel unit, average domestic airfare is on the way down. “Certain destinations have seen dips in price from time to time, but this is first time in recent memory we’re seeing declines across the board,” says Genevieve Shaw Brown, who serves Travelocity as senior editor. She adds, “All 10 of the nation’s most popular destinations have at least some declines in airfare.” Travelocity says that the steepest drop is at Chicago (seen here), where fares are down 17%, and San Antonio, down 16%. Travelocity calculates that average domestic airfare for spring is down $24 from the 2008 period, from $393 to $369.

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