Airfares are expected to soar higher next year, even as the industry sees its profits decline.

The International Air Transport Association expects airline profit to plunge 40% this year as fewer passengers travel during the recession and as fuel prices rise. But that doesn’t mean you’ll necessarily be able to score a good deal: Airfares are likely to keep climbing.

Continue reading 2011 Airline Forecast: Airfares Will Climb as Profits Plunge

2011 Airline Forecast: Airfares Will Climb as Profits Plunge originally appeared on DailyFinance on Tue, 14 Dec 2010 19:45:00.

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