Airlines lower their fares when they are trying to get more people to book tickets as demand is slowing or they are facing stiffer competition.
Early this month, the average price for a domestic flight around Thanksgiving was down about 9 percent from a year ago.
But some airlines say demand is slowing outside of holiday and other peak travel periods.
Image Thanksgiving this year is expected to set a record for air travel, with nearly 30 million passengers anticipated.
If travel demand is dropping, in some ways that’s an even bigger win for people who are never going to give up on travel.”
Persons:
Denise Diorio, “ I’ve, ’ ”, Diorio, Hopper, ”, Kyle Potter, Potter, Stefani Reynolds, John Grant, “ We’re, “, ” Barry Biffle, Steve Hafner, that’s
Organizations:
Airlines, Airlines for America, Credit, The New York Times, U.S, JetBlue Airways, Spirit Airlines, Frontier Airlines, Miami, Analysts
Locations:
Tampa , Fla, Chicago, New York, Paris, Europe, Caribbean, Denver, Orlando, Fla, Los Angeles, East, Ukraine