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Airline fares start to soar for the holidays

October 18, 2010 |  5:37 pm

Here's one more excuse not to visit the in-laws during the holidays: The cost to fly around Thanksgiving and Christmas is expected to be 7% to 18% higher than last year, according to travel experts.

The reason: Demand for air travel has begun to increase but airlines have added very few new routes or planes.

This is good news for the struggling airline industry but bad news for recession-battered travelers. Read more about the increased fares in Monday's Business section.