Thanksgiving airfare skyrockets 31% as Christmas fares rise 23% over last year

Airfares are up more than 25% year over year as airlines trim seats amid higher fuel costs and strong demand. Travel expert Gary Leff advises booking, watching for fare drops and comparing cash prices with miles.

Airfares are up more than 25% year over year as airlines trim seats amid higher fuel costs and strong demand. Travel expert Gary Leff, author of "View from the Wing," shares context, plus advises booking, watching for fare drops and comparing cash prices with miles.