American raises fares, again (Winging It)

American raises fares, again

American Airlines said today that the rising cost of fuel had prompted it to raise fares by $10 each way on domestic flights. Watch to see if other carriers will match, but these days, most of these kind of across-the-board increases are sticking. Demand is still good, airlines are not adding new flights in any significant way and jet-fuel prices are soaring -- all adding up to the airlines trying to sustain the profits they've been reporting this year.

Posted by Tom Belden on November 1, 2007 5:30 PM | Permalink

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