Planning to travel later this year? Airfares remain lowest in years but could rise soon

COVID led to fewer people traveling

The travel industry has taken a big financial hit because fewer people are taking trips during the COVID pandemic.

As vaccines become more available the airline industry is preparing to make some changes to boost profits.

Prices are expected to jump after March 30. If you want to travel this summer or later in the year, booking now may be a good idea.

As more vaccines are administered, people will be traveling so prices could rise and there could be changes to safety protocols.

READ: More travel coverage

Watch the video above for the full report.

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