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Market Commentary and Intraday News

News Summary: Southwest adds $10 to some fares

277 days ago

By The Associated Press

FARES CLIMB: Southwest Airlines Co. on Friday added $10 to the price of a round trip that's under 500 miles each way.

AIRLINES LIKE IT: United, Delta and American quickly matched the increase.

HIGHER COSTS: Airlines have been dealing with higher fuel costs, and Southwest has also seen its labor and maintenance costs increase. A spokeswoman said Southwest needed higher prices to cover those costs.


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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