Southwest Airlines on Wednesday raised airfares on domestic flights by $10 per round trip.
If matched by other airlines, it would be the second airfare increase of the year. Last month, airlines raised fares by $10 each way on long flights.
Typically, when Southwest raises fares, others follow suit.
One other attempt to raise fares this year failed when Southwest, the largest low-cost carrier in the nation, and other airlines refused to go along with it.
With the price of oil at $101 per barrel this week – that’s 20% higher than last year — there’s little doubt that the other airlines will not raise fares.
via BlackMediaScoop