Thread: United Airlines raises roundtrip fares

By ADAM SCHRECK, AP Business Writer Fri Jan 4, 5:25 PM ET

NEW YORK - As if on cue, airlines are responding to oil's latest surge by pushing ticket prices even higher.

Roundtrip domestic fares began rising $10 to $20 or more late Thursday, as crude futures crossed the once-unthinkable $100-a-barrel mark. Several major carriers increased prices, with each citing higher fuel costs as the reason.

The widespread increases follow nearly two dozen attempted systemwide fare hikes in 2007, or about double the number during the previous year, according to data compiled by Airline tickets, Discount Airfare, Helping you find Cheap Flights At FareCompare, which tracks airfare changes.
Passengers hoping for relief in the new year are likely to be disappointed.

United Airlines raises roundtrip fares - Yahoo! News



Everyone tighten your belts. I think we'll see similar price hikes by airlines worldwide. Welcome to 2008.

Originally Posted by chinthee

The widespread increases follow nearly two dozen attempted systemwide fare hikes in 2007, or about double the number during the previous year, according to data compiled by Airline tickets, Discount Airfare, Helping you find Cheap Flights At FareCompare, which tracks airfare changes.
Passengers hoping for relief in the new year are likely to be disappointed.
United Airlines raises roundtrip fares - Yahoo! News



Everyone tighten your belts. I think we'll see similar price hikes by airlines worldwide. Welcome to 2008.

I'm no economist, but rising oil often passes higher costs onto items that are trucked and flown.

So, will this translate to some higher costs elsewhere. Is this what we call CPI and PPI rising inflation?

^ Yep, but some economists exclude oil prices in estimates. Fek, I mailed a parcel to the States and the PO slapped a fuel surcharge on it.
The latest rage is to buy locally, which slashes trucking/fuel costs (oh, and for the greenies, less pollution). OK, where do I get local lettuce in the fekin winter?