It looks like air fares are going up again this year.
It looks like air fares are going up again this year.
Southwest Airlines Wednesday posted $10 one-way fare increases on some 400 routes, reports Rick Seaney, CEO of Farecompare.com.
Read more here: http://blog.thenewstribune.com/business/2012/09/13/airlines-raising-fares-for-13th-time-this-year/
Southwest Airlines Co. said Thursday that fourth-quarter earnings fell by nearly half as costs rose for fuel, labor and maintenance.
U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year - the highest amount since the fees became common five years ago.
U.S. airlines charged more in fares and fees and reduced debt as they improved their financial performance in the first quarter.
Southwest Airlines Co. is delaying delivery of new airplanes and filling the gap with used planes to reduce spending over the next five years.
The $11 billion merger of American Airlines and US Airways likely won’t bring major changes at Seattle-Tacoma International Airport, and any changes the combination requires are likely months away.
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