FareFinder Extra: Summer price wars beginning early

It's no secret that the airline industry is hurting for business. More and more airlines are slashing prices and offering weekly specials and Web fares.

Now, according to the Associated Press, Atlanta-based AirTran Airways is about to jump-start a price war that will give consumers even more of a reason to fly:

In a sign of great uncertainty about demand for air travel this year amid the deep U.S. recession, discount carrier AirTran Airways launched a fare sale to all its destinations Tuesday for flights through the middle of the fall. ... AirTran, a unit of Orlando, Fla.-based AirTran Holdings Inc., said its sale fares, starting as low as $39 one-way, are available for purchase through March 5 for travel through Nov. 4. The biggest discounts are for travel on Mondays, Tuesdays, Wednesdays, Thursdays and Saturdays.

According to the story, American, Continental, United, US Airways and Delta "quickly matched on routes where they compete with AirTran, and JetBlue said it would do the same."

Coupled with deep discounts from hoteliers, cruise lines and other industry services, there might not be a better time to travel.