Southwest increases fares, other airlines follow suit - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Southwest increases fares, other airlines follow suit

DALLAS (AP) - Southwest Airlines' rivals say they have increased fares in response to the low-cost carrier's boost to one-way ticket prices.

Southwest cited increased fuel costs in increasing one-way ticket prices by up to $10 over the weekend.

It was Southwest's fourth fare increase this year, and other airlines quickly followed suit.

United matched the increase in markets where it goes head to head with Southwest. United says it wants fares to stay competitive and help offset the rising cost of fuel.

Rising fuel costs are among the problems the industry still faces as it emerges from several years of difficult losses.

Southwest is the only major U.S. carrier to remain profitable through the recession and terror attacks of 2001.

Powered by Frankly