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Several Airlines Up Fares to Offset Fuel Prices
Summary from multiple countries, from articles in English
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Bankrupt United Airlines has rescinded the $5 increase in its fuel surcharge that was imposed this week on most fares each way, the company said on Friday. (article 3)
Several U.S. airlines on Wednesday announced fare hikes to offset soaring jet fuel prices, following Continental Airlines' announcement a day earlier to do the same. (article 4)
Continental Airlines on Tuesday raised fares worldwide to counter fuel costs, which have risen 50 percent from a year earlier on the back of soaring crude oil prices. (article 4)
The failed attempt to raise fares was the latest of numerous such tries by airlines this spring as the industry grapples with soaring cost increases. (article 2)
Chief financial officer Jake Brace said the airline would have reported another operating gain for the month if fuel prices had been at more typical levels (article 2)
A fare increase led by Continental Airlines and matched by major U.S. airlines failed to stick after U.S. Airways rolled back its fare hike and other airlines have followed suit. (article 5)
Southwest Airlines, which reported a profit consistently throughout the industry's three-year slump, raised fares $1 each way for flights of fewer than 600 miles, and $2 each way for longer flights. (article 5)
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Other summaries about this story:
Event tracking:
Story keywords
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Airlines, Fuel, Fares, flights, Jet |
Source articles
- Regional carriers reshaping air travel (USA Today, 05/28/2004, 585 words)
- United rescinds fuel surcharge on fares (boston.com, 05/28/2004, 159 words)
- Bankrupt United Airlines has rescinded the $5 incr... (news.ft.com, 05/29/2004, 234 words)
- Several Airlines Up Fares to Offset Fuel Prices (ABCNews, 05/28/2004, 509 words)
- U.S. airlines roll back fare hike (CNN, 05/26/2004, 171 words)
- This Week's Internet Airfare Specials (Washington Post, 05/26/2004, 301 words)
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blaster@cs.columbia.edu
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