Holiday Fares Lower Than Last Year?

Amid climbing luggage fees and a flurry of surcharges, holiday airline ticket prices are a bright spot for cash-strapped travelers.

 Domestic holiday fares last week were running up to 15 percent lower than last year, according to Rick Seaney, CEO of FareCompare.com, a consumer airline ticket research Web site.

"The main reason for that is oil prices," Seaney said. "There’s been a free fall in prices during the recession from November (last year) all the way through June," he said.

"The bottom line for consumers is that the free fall in ticket prices from November to June, which have slightly bounced off the bottom the past few months, are still historically good deals," he wrote in a follow-up e-mail.

Still, flexibility and keeping an eye on fare fluctuations will probably yield the best deals.

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