Airlines expected to increase fees

January 2, 2013 7:18:34 PM PST
U.S. Airlines are expected to sock us with even more fare hikes and fees in the New Year. However, analysts say we'll probably pay less for gasoline.

Analysts predict major airlines will raise fares at least a dozen times this year and they will invent even more of those add on fees.

Last year, airlines raised fares seven times and they earned a record $1.5 billion in baggage and change fees. High prices didn't stop us from flying though, so expect more fees this year.

On a brighter note, it should be cheaper to drive. Gas prices are expected to drop due to a bigger oil supply and lower demand.