Friendlier skies
Airfares are so cheap, bringing a friend is cheaper than an extra bag
CHICAGO (MarketWatch) -- If there's a silver lining to the economic woes that have stopped most consumer spending in its tracks, it's this: Spring and summer airfares are amazingly cheap.Indeed, fares are so cut-rate right now that it could cost more to fly two bags from Chicago to Minneapolis than to transport one person.
A flight during traditional work hours between those two cities was available on American Airlines last week for $88 round-trip. Bring two bags along and you'll pay an extra $100 round-trip.
At $88, that fare calculates roughly to a dirt-cheap 3.3 cents per air mile between Chicago O'Hare and Minneapolis-St. Paul International. Driving -- on land miles, of which there are more -- would cost about 10 cents a mile if gasoline averaged about $2 a gallon.
"These are really wild and crazy prices," said Tom Parsons, chief executive of Bestfares.com, a discount travel site. "When you think that airfares can't get any cheaper, even for no-advance-purchase fares, they do."
Earlier this month, JetBlue offered a one-day-only sale on flights to New York from San Francisco or Los Angeles for a jaw-dropping $14 one way, before taxes. That's far less than cab fare from JFK airport into Manhattan.
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