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CBS Early Show: Airfare Savings Tips for 2011

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CBS Early Show logoAirfare 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.

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