Business/Finance

United, Continental, Delta raise fares again

Tuesday, October 25, 2011

The nation's biggest airlines are raising prices again.

Delta, United and Continental boosted fares Monday by up to $5 each way on many flights within the U.S.

It's the second increase in a week after more than two weeks when base fares remained largely unchanged.

That's bad news for travelers trying to book holiday-season trips. A Citigroup analyst says even before the latest fare increases, fares were already up to $70 higher than a year ago.

But J.P. Morgan analyst Jamie Baker says he'd be surprised to see low-fare carriers such as Southwest Airlines Co. match the increases. So it's possible this week's hikes could be rolled back.

(Copyright ©2014 WPVI-TV/DT. All Rights Reserved.)

Get more Business/Finance »


Tags:
delta airlines, continental airlines, united airlines, southwest airlines, air fare, air travel, travel, business/finance
blog comments powered by Disqus
Advertisement