Airline Tickets Soar This Summer
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| Thu, 06-05-2008 - 8:11pm |
Despite a string of price increases this year, demand for summer flights remains strong and the USA's big airlines are continuing to fill more than 80% of their seats.
This week, six (American, United, Delta, Northwest, Continental and US Airways) raised prices again for flights on many domestic routes where there's no non-stop competition from low-fare carriers. The result, says travel price guru Tom Parsons of BestFares.com, is that the cheapest tickets available on many routes in July are 100% to 300% higher than a year ago.
The biggest year-over-year price jump that Parsons has found: Detroit-Providence, where the cheapest ticket today sells for $595 round trip, or 365% more than the $128 price for the same ticket last June.
Other examples: The lowest-priced round-trip fare for non-stop service between Houston and Pittsburgh is $460, up 132% from $198 a year ago. Between Philadelphia and San Diego, the lowest non-stop round-trip fare is now $780, up 228% from $239 last June.
http://money.aol.com/news/articles/_a/airline-tickets-soar-this-summer/20080605095309990002
Will you be flying this summer and will prices affect your decision??
