Airfares Not Expected to Fall Anytime Soon

 

"Airfares are going nowhere but up for the rest of the year, industry analysts are predicting in the wake of another successful fare increase by U.S. airlines to offset high fuel costs."

That's the gist of a story in today's Houston Chronicle. The Chronicle reports that, "Southwest Airlines hiked round-trip fares by $10 on 30 percent of its routes on Friday. The nation's four other major carriers - United, American, Delta and US Airways - matched the increase within hours."

The rest of the news is not surprising: nearly everyone expects more fare hikes before the end of the year. Read the entire story here.

 

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