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3 Airlines Match Increases In Fares to Help Pay for Fuel

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flashl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-16-08 08:55 AM
Original message
3 Airlines Match Increases In Fares to Help Pay for Fuel
American Airlines, Delta Air Lines and US Airways yesterday all matched round-trip fare increases of as much as $50 by United Airlines and Continental Airlines.

United and Continental's boost was the fourth in a month by U.S. carriers to help cover soaring fuel costs. Jet-fuel prices reached a record $3.47 a gallon Friday and have increased 86 percent in the past year, becoming the biggest expense at many airlines.

Most recent fare increases have been limited to about $10 per round trip.

..

Northwest Airlines has yet to raise round-trip fares to match the other carriers, according to FareCompare.com.

Washington Post


A day in the life of risk free business in America, transfer all operating costs to the consumer. Airlines may just get their wish after complaining for years that airfares had lowered to the point where they had too many undesirables a passengers.
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Narkos Donating Member (919 posts) Send PM | Profile | Ignore Sun Mar-16-08 03:40 PM
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1. And deregulation was supposed to be good for the airlines!
It's amazing, the airline business simply isn't profitable!
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