Major U.S. Airlines Boost Fares

Major U.S. airlines kicked off the summer with a round of fare increases, citing the latest surge in fuel costs for the need to charge as much as 3% more per trip.

If it sticks, the move means customers of the largest carriers could pay an additional $20 or more for domestic and international flights as the busiest travel season of the year gears up.

The increases began Tuesday night, when AMR Corp.’s American Airlines and UAL Corp.’s United Airlines, the industry’s two largest carriers, posted higher fares effective immediately. They continued Wednesday, when several others matched them or made similar price boosts.
Los Angeles Times