If you plan to travel this fall, expect to pay the lowest airfares in years.
The average domestic airfare for the September-through-November period is forecast to be $248, or 3.6% cheaper than in fall 2014 and 8.1% cheaper than in the same three months of 2013, according to the Boston flight research site Hopper.com.
Domestic fares for flights out of Los Angeles International Airport should be even lower for the same period, dropping about 9.4% compared with last year, according to Hopper.com.
That’s sounds like great news until you dig deeper into the numbers.
One of the key reasons the nation’s airlines can keep domestic fares low is that the industry’s biggest expense — fuel — has dropped about 30% over the last year.