Big Airlines Boost Fares up to $60 Roundtrip

(May 27, 2008 - The New York Times) --  The six network airlines put in place another round of fare increases over the holiday, ranging up to $60 for a round-trip ticket, said Rick Seaney, the chief executive officer of Farecompare.com. It was the 11th fare increase of the year that all six major carriers had joined in. Despite the wide-ranging fare increases, airlines have been “very cautious” about increasing fares on routes where there is competition from Southwest, JetBlue and other low-cost carriers, Mr. Seaney said. Additionally, he said, airlines are now frequently “firing out short-duration sales” on fares for certain routes, mostly to fill seats on off-peak business travel days.

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