Posts Tagged ‘Fare’
Sky-high airfares this summer — ‘people are going to be shocked’ – Chicago Sun-Times
While fuel costs have driven up fares, other factors include airlines intentionally cutting back on capacity and flying fewer planes (which makes fewer seats available). Another factor is airline mergers, which have led to less competition on some routes, travel experts say.
Overall across the country, air fares have gone up on average 6 percent to 10 percent, travel experts say. But to some destinations from Chicago they’ve spiked much more. Last year, among sample nonstop airfares for travel from Chicago in July to San Francisco, consumers could find fares of 8 round trip, but this year, that’s jumped to 0, according to BestFares Chief Executive Officer Tom Parsons. Nonstop flights to Denver have gone from 8 to 4, he added.
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United, American match Delta fare hike | AirTicket.com
http://www.airticket.com/united-american-match-delta-fare-hike/
United Airlines and American Airlines have joined Delta Air Lines in attempting to hike some airfares by to .
The latest attempt to raise fares is the sixth this year, though only three have been successful, according to online flight comparison site FareCompare.com. Fares typically rise when one carrier raises prices and other airlines follow. If competitors do not follow, the initiator of the increase usually drops back its prices.
Delta on Tuesday raised domestic fares by to roundtrip for last-minute trips, those within seven days of departure. Such fares are usually bought by business travelers, not leisure fliers. United and American followed on Wednesday afternoon.
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- Will Delta Air Lines’ fare hike stick? (bizjournals.com)
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- Report: Delta clear favorite to buy oil refinery (bizjournals.com)
- Other Airlines Follow Southwest To Higher Fares (dfw.cbslocal.com)
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- Airlines Raise Fares Again; Hotels Rates Soar (economicpolicyjournal.com)
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