In this NYT article today, it is suggested that we may be seeing a fare sale on domestic airfare during summer.

Looking ahead, Mr. Seaney sees even more reductions in seats on domestic flights if oil prices keep rising. “If oil gets up to $140 or $150, we may be looking at another cutback in capacity of 15 percent by the end of the year,” he said.

While some may think it’s ironic that domestic travel appears to be going down based on the number of flights, I think it makes perfect sense. I’m not going to spend my hard earned money for a $300 flight to San Diego when I can spend a just little bit more and head to Mexico or even some Caribbean and Central American destinations.