Airfare is on the rise in 2011, but does that mean travel is out of the question?
Peter sat down with The Early Show‘s Chris Wragge to talk about where fares are headed, and how travelers can still score a good deal.
Fare tracking site Farecompare.com discovered that the airlines are hiking rates about $10 on roundtrip tickets, while American Express estimates that airfare will go up by as much as 2 percent to 6 percent this year.
Meanwhile, the battle between airlines and online travel agencies is threatening to limit opportunities for comparison shopping. So what can travelers do to save a buck?
Find out what he told Chris Wragge in this video from CBS.com embedded below.
You can also watch it on CBSNews.com here.
Read the accompanying article here on CBSNews.com.
Related links on PeterGreenberg.com:
- Holiday Airfare on The Early Show
- Expedia Protests American Airlines Decision by Hiding its Fares
- Delta, American Airlines Pull Fares from Some Third-Party Sites
- Top 10 Worst Weather Airports in America With The Weather Channel’s Dr. Greg Forbes
- Air Travel: Airlines & Airports section
- Budget Travel section
- CBS News section