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Travel Tip: Looking Ahead to Summer Travel

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Spring is just around the corner, and you know what that means…time to start planning your summer vacation.

So here’s what you need to know. When it comes to airfare, it’s not great news. With airlines continuing to slash routes, that means decreased competition, which translates into increased airfare.

American Airline‘s bankruptcy means that route cuts are very likely. The Southwest/AirTran merger also means cuts on many smaller markets.  Frontier has already slashed near a third of its routes from Milwaukee with more cuts to come.

So where are the deals? It depends on where—and how—you’re traveling.  Airfare sales for summer travel have already started, but those are mostly for business and premium seats.

When it comes to economy seats, the sales start coming around March and April. But for those of you who are flexible with your travel, it can pay to wait until the last minute. That’s when airlines need to unload inventory so start on top of deals through airfare alerts and flash sales.

If you can travel outside of the peak season of Memorial Day and Labor Day, you’ll save even more.

Check our more of Peter’s Top 8 Destinations for 2012.

To read more of Peter’s Travel Tips, go to the Travel Tips Section.