The Air-Oil Link: Prices on the Rise

By: Associated Press
By: Associated Press

DALLAS (AP) - Airfares are rising again, and travelers should brace for more price increases.

United and Continental started the latest price hike Wednesday by adding $20 per round trip to most domestic flights. American quickly matched the move, and other airlines were it on Thursday.

Airlines are trying to pass along their cost for jet fuel, which is rising with the surge in oil prices and raising new questions about whether airlines will make or lose money this year.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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