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Airline aficionados are buzzing about how airfares are going up over Thanksgiving and Christmas and how it's too late to get a reasonable fare.

It's true that the closer we get to the holidays, the more you'll pay to fly, especially on the those peak getaway days. Unlike last year when the recession left airlines with a surprise surplus of seats and flash sales, this year, the folks who track these things say airlines are now cutting back seats on many routes to make up for lost revenue.

For instance, there are five percent fewer seats on departing flights out of New York area airports, so fuller planes mean more expensive fares. On top of that, major airlines have slapped on a $10 holiday surcharge each way for several peak dates.

Smart fliers avoid holidays all together and jet off in the "December dead weeks" and the "holiday hangover period" the first parts of December and January.

If you are flying, and have some time to waste, take a connecting flight to save money and try to be flexible with your travel dates.

If your relatives live in the suburbs, book city center hotels which empty out over the holidays. On the contrary, car rental rates are much cheaper when you leave the big cities and avoid renting from the airport at all costs because they'll stick you for a ton of taxes.

If you are going on vacation over the holidays, look for all inclusive deals that bundle together air, hotel and meals.

For more information on holiday travel tips, check the holiday travel guide at www.farecompare.com.