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Airline fares rise again

Post by John Gillie / The News Tribune on June 29, 2007 at 2:35 pm |
June 29, 2007 2:35 pm

Two of the nation’s largest airlines, United and Continental, today raised fares by up to $14 roundtrip.

The airlines said they were upping their fares to compensate for higher fuel prices.

United raised its domestic fares by $2 to $5 each way and Continental raised its fares by $2 to $7 each way.

Those fare increases follow increases last week by Delta Air Lines and other carriers of about $5 each way. Previous attempts to raise farea industry-wide were rescinded when all carriers failed to go along.

Analysts said this round of fare increases may be sticking.

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