
4 major airlines increase fares
Travelers buying summer tickets may be in for sticker shock on airfares to Europe and within the USA.
The four biggest U.S. airlines - American, United, Delta and Northwest - raised most airfares Wednesday, citing record-high fuel prices. United raised fares 3% across the board, Northwest raised domestic fares 3%, and American and Delta raised fares $5 each way.
Ref. https://www.usatoday.com/money/biztravel/20...ares-usat_x.htm
This makes sense since after 9/11 they had to lower prices drastically because no one would fly. It is a logical step that they would eventually raise the prices and even raise them above where they where before. Several of the big US airlines have been in financial trouble for some time, and some have even had to be bailed out by the government.
I know at the moment the UK government are looking at increasing air fares, especially on older planes, as they are looking at ways to cut down on pollution, and force companies to act responsibly and improve emissions.
At the moment though, I do feel that there have been plenty of good flight offers available for the last few years, and prices have been quite competitive, so as they say, 'All good things come to an end'.
I just hope they are sensible about it, to ensure that people who need to go abroad can actually do so at a fair price.