Friday, March 17, 2006

Another Fare Hike!

Reuters reports that Delta today raised its fares by $5.00 on routes where it doesn't compete with Southwest. Shortly after, JetBlue and other airlines followed suit. Although customers might wince at higher prices, in the long run this is good news; because without fare hikes, certain airlines, Delta among them, might go out of business, and fewer airlines would mean less competition and even higher prices.


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