Airfares set to go down in August

MONEY-SAVING MOMENT: Airfares are set to go down shortly — if only temporarily — after three consecutive years of airfare increases.

The Los Angeles Times  reports there’s an expected drop of 10% to 20% in airfares coming sometime in August. The decrease can be attributed to a few factors. You have the slowing economy, but you also have the calendar.

We’re moving closer to the time of year after Labor Day when the airlines have trouble begging, borrowing, or stealing a customer: That’s all through September, October, November until just before Thanksgiving, December until Dec. 15, and then again in January after the New Year.

I expect the sale window to occur sometime in the next 10 days. We’ll be sure to post the best deals here on clark.com.