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Experts: Flights will be cheaper in 2015

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As the price of gasoline continues to plummet, many Americans are planning to travel more this year.

While many people will be jumping in the car to take that trip, others will be flying the friendly skies.

The International Air Transport Association believes that airfares will drop in 2015.

According to Credit.com, the IATA expects airfare to fall 5 percent below 2014 ticket prices.

Tom Spagnola, a travel expert at CheapOair, says 25 percent of an airline’s cost is related to fuel prices.

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