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Page added on May 24, 2008

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Airlines increase US round-trip fares by up to $60

NEW YORK – Three major U.S. airlines have raised round-trip fares in the United States by up to $60 as they struggle with record oil prices, which have roughly doubled in the past year.


A spokeswoman for United Airlines, owned by UAL Corp, said round-trip fares would rise between $10 and $60 to offset rising fuel costs.


A spokeswoman for Delta Air Lines Inc and a spokesman for AMR Corp’s American Airlines said their companies had matched United’s fare hikes of up to $60 round-trip.


“We are bleeding here,” said American Airlines spokesman Ned Raynolds. “It’s a survival battle at this point. We are the only major carrier never to have been in bankruptcy and we want to keep it that way.”


ABS-CBN



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