|
NEW YORK (AP) - The airline industry boosted many one-way fares by up to $10 late Monday, as carriers struggle with weakening domestic results, though most have had scant success in making increases stick recently.
Late Monday, Continental Airlines Inc. raised one-way fares in 30 percent of the top U.S. markets by $5 for advanced-purchase tickets and by $10 for last-minute seats, according to farecompare.com, an airfare tracking Web site. That triggered competitors American Airlines, Delta Air Lines, Northwest Airlines, United Airlines and US 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, said Rick Seaney, chief executive of farecompare.com. If it succeeds, it would be the year's first, as prior attempts unraveled within a week after low-cost carriers refused to join in, he said.
|
|