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Forget what we said Friday evening about a $5-one-way fare increase for the major airlines. Over the weekend, other carriers failed to match the increase that was initiated by Delta Air Lines, and it was rescinded by those that had adopted it. Industry analyst Jamie Baker of JP Morgan Securities notes that this is the second failure out of three attempts this year by the older legacy airlines to push up prices.
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Tom Belden, a former Inquirer business writer, has written about Philadelphia International Airport, airlines, the travel industry, the conventions and meetings business for 25 years. He has traveled to all 50 states and extensively in Europe and Mexico.
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