Airline Fares Go Higher
Passengers at Detroit Metro Airport are likely seeing higher ticket prices as they travel this holiday season.
Reportedly, several U.S. airlines have raised fares by up to $10 per round trip. FareCompare.com says American Airlines started the increases by boosting prices on flights over 500 miles by $5 each way or $10 roundtrip, and by $3 each way and $6 roundtrip for shorter trips.
American Airlines confirms the fare increases. A spokesman said fares are dictated by supply and demand, and were also influenced by recent increases in fuel costs.
The spokesman said the higher fares were matched by United, Continental, Delta, Southwest, US Airways, Alaska, Frontier and Virgin America, making the increase likely to stick.
(Copyright, 2010. WWJ Newsradio 950, All Rights Reserved. The Associated Press contributed to this report.)