Thanksgiving airfares are soaring, driving down flight bookings for the holiday

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Thanksgiving airfares are soaring, driving down flight bookings for the holiday

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Megan Cerullo

Reporter, MoneyWatch

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.

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October 27, 2026 / 11:22 AM EDT / CBS News

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Some Americans are choosing to stay put instead of traveling for Thanksgiving, typically the busiest time of year for airlines, due to the high cost of airline tickets.

Average fares for the Thanksgiving holiday were up 31% in August, compared to the same period last year, according to an analysis of the latest available data from Cirium.…

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Thanksgiving airfares are soaring, driving down flight bookings for the holiday