That vacation getaway is not going to get cheaper anytime soon.
The FAA said today airfares are likely to remain high for the rest of the decade as airline capacity shrinks. Officials said travelers won’t get much relief until airlines start getting more competition, which is years away.
Want some more good news? The FAA predicts that more airline mergers and consolidation will shrink the number of cities served and the number of flights available in the nation’s air travel network.