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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: Crimson Ghost	12/31/2010 3:34:05 PM
	1 Recommendation of 74559

Airlines raise fares on many U.S. routes Several companies confirm they are upping prices as they face rising jet fuel prices BY ASSOCIATED PRESS Passengers whose travel plans were wrecked this week when thousands of flights were canceled might not want to hear it, but airfares are going up again. Several airlines confirmed Tuesday that they are raising prices on many domestic routes by $10 one way and $20 per round trip, even as snowbound passengers remain stranded at New York City-area airports. United, Continental and Delta said they're raising prices effective immediately. Travel website FareCompare.com says American is too, but the airline didn't respond to a request for comment. Airlines posted strong profits in the third quarter, but they face rising jet fuel prices.

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