Quick question for you frequent flyers: Is it better to buy now or wait? I'm going home for Christmas, but Dad thinks there might be better deals closer to the holidays, when airlines are trying to get rid of tickets. Add in the recent economic crisis, and he thinks that airlines will be begging people to fly. So should I wait? The lowest price I've found so far (Dec. 19 - Jan. 3 flying from Nagoya [NGO] to Atlanta [ATL] at any time, any class) is about $1500 on Northwest. Even though I hate Northwest with a burning passion, I can't argue with that price.

So, Frequent Flyers, buy now or wait?