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Airfares rise; more hikes likely on the way

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By William Spain, MarketWatch

CHICAGO (MarketWatch) — Wrapping up a year that featured a decent rebound in business and leisure travel, some large airlines are looking to squeeze a bit more money out of their clientele in 2011, this time by raising fares rather than fees.

AMR Corp’s American Airlines just slapped an extra $20 on round-trip flights after bumping them up by $10 earlier this month, to be quickly matched by United Continental Holdings, Delta Air Lines Inc.and US Airways Group according to FareCompare.com, a site that tracks price moves.

So far, Frontier, JetBlue Airways Corp. and Southwest Airlines Co. have yet to follow suit.

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By William Spain, MarketWatch

So far, Frontier, JetBlue Airways Corp. and Southwest Airlines Co. have yet to follow suit.

Full Article

They better!

Oil's surge in 2010 paves the way for $4 gasoline - Price of oil rises 30 percent in 2010; gasoline prices could hit $4 a gallon in 2011
See Story: http://finance.yahoo.com/news/Oils-surge-in-2010-paves-the-apf-1258480888.html?x=0
 

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