United Continental Hikes Fares

Holiday travelers may want to lock in airfares while they still can. At least two U.S. airlines are raising their prices for the first time since late summer, and others may follow.

holiday planeUnited Continental is raising one-way fares by $4 to $10 across most of its U.S. routes. That matches fare hikes Delta announced on Tuesday. It’s the first widespread fare increase attempt since August and the seventeenth try this year.

Tom Parsons is CEO of BestFares.com.

“The ones that usually get hit with fare hikes are those business travelers or maybe bereavement fares or compassionate fares, where people have to take off within one to seven days from the date of making the reservations.”

The increase may not stick. Airlines often roll back fare hikes if competitors don’t match them. A recent attempt to raise hikes in smaller cities met resistance.

The current fare hikes come as airlines begin reporting third-quarter financial results. United Continental will announce its third-quarter results a week from today.

 

Bio photo of Andrew Schneider

Andrew Schneider

Business Reporter

Andrew Schneider joined KUHF in January 2011, after more than a decade as a print reporter for The Kiplinger Letter...