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.
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