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Airline industry boosts fares again

Airline industry boosts fares again
By: Associated Press

NEW YORK -- The airline industry is raising fares again. says Continental Airlines yesterday increased the price of a one-way ticket in 30% of the top US markets by $5 for advance-purchase and $10 for last-minute seats. The airfare tracking Web site says that prompted American Airlines, Delta, Northwest, United and U-S Airways to match on overlapping routes, as well on some routes out of hub airports.

It's the industry's fifth or sixth attempt to increase fares this year. And if it succeeds, it would be the year's first to stick. Prior attempts unraveled within a week after low-cost carriers refused to join in.

(Copyright 2007 by The Associated Press. All Rights Reserved.)


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