Airlines Raise Fares Due To Rising Fuel Costs
LOS ANGELES (CBS/AP) — Major U.S. airlines are raising prices again.
American Airlines raised fares on flights within the 48 contiguous states by $10 per round trip, spokesman Tim Smith confirmed on Thursday.
United, Continental and US Airways matched the increase and Delta boosted fares even higher -- up between $10 and $20 per round trip -- according to Rick Seaney, CEO of FareCompare.com.
Travel expert Rudy Maxa tells KNX 1070 that for the foreseeable future, the only direction airline fares are going is up.
Podcast
Airlines say they need higher fares to cover rising jet fuel prices.
(TM and © Copyright 2010 CBS Local Media, a division of CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)