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2/23/11

Airline Industry: Oil price spike also affecting airlines - is this true or price gouging ?

On Monday, American, Continental, United and U.S. Airways increased their round-trip prices by $20 to $60. Delta Airlines was the last of the major airlines to hold-out in changing their prices, but ended-up joining in the change on Tuesday.

Note EU-Digest: this is a questionable move since most airline companies lock into long term fixed contracts on fuel purchases. This certainly smells of price gouging.


For more: Oil price spike also affecting airlines | WWLP.com

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