With rising airfare costs and fewer seats and flights, summertime travel isn’t what it used to be. Consumers are balking at prices, but the airline industry appears to be out of cost-cutting options. Joe Sharkey, business travel columnist for The New York Times, says the industry hasn’t faced this kind of crisis since Sept. 11. On Memorial Day, he offers this advice to would-be sightseers: Stay home.
Guest: Joe Sharkey, business travel columnist for The New York Times.