The media has been full of reports the last two days about the major network airlines successfully raising their basic fares by $10 roundtrip. A good roundup on what's been going on was on another Web site this morning. The writer asks the same question we all wonder at a time like this: Should you buy tickets now for flights later this year, since the deep discounts we've seen for months may be over.
A more important question is whether the economy is getting better, getting worse or staying the same. If it doesn't get better, demand for air travel is going to stay down, and that usually means fares do, too.