VOL. 126 | NO. 39 | Friday, February 25, 2011
Airlines Raise Prices Again as Oil Rises
DAVID KOENIG | AP Airlines Writer
DALLAS (AP) – Airfares are rising again, and travelers should brace for more price increases.
United and Continental started the latest price hike Wednesday by adding $20 per round trip to most domestic flights. American quickly matched the move, and other airlines were it on Thursday.
Airlines are trying to pass along their cost for jet fuel, which is rising with the surge in oil prices and raising new questions about whether airlines will make or lose money this year.
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