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Buy Early, Be Flexible for Best Holiday Airfare Prices, Expert Says.
AScribe Business & Economics News Service, October, 2007
Byline: Purdue University
WEST LAFAYETTE, Ind., Oct. 19 (AScribe Newswire) -- Many people will be taking to the skies during the holidays, and though the festive season is weeks away, buying tickets soon is a traveler's best chance to get a good price, says a Purdue University aviation professor.
Dale Oderman, an associate professor of aviation technology, says airline ticket prices are about 3 percent to 7 percent higher this holiday season than last year, due mainly to higher fuel prices and reduced airline capacity.
Airline load factors - the percentage of available seats that are filled with paying passengers - are at an all-time high. Oderman says airlines are resistant to add more flights for fear that it could flood the market with...
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