Airfares could jump 30 percent soon for Labor Day travel, Fly.com data show
As Labor Day nears, South Floridians planning to jet away for the holiday weekend who haven't purchased plane tickets yet could be facing a dramatic jump in airfares soon, according to travel website Fly.com.
Data from last year show that for Fort Lauderdale flights, average fares rose 30 percent (from $293 to $382) on the run-up to Labor Day between Aug. 16 and Aug. 22, Fly.com said.
Airfares to and from other popular Labor Day cities last year, such as Chicago, Los Angeles and Las Vegas, increased as much as 33 percent.
So the opportunity to snag lower fares for the holiday weekend could be closing soon, if the trend repeats in 2014.
"It is not unusual for airlines to bump up their prices to capitalize on last-minute bookings," said Warren Chang, Fly.com vice president and general manager. "Waiting to book flights for Labor Day travel can come with a hefty price tag."