Air Fare Increases Good for the Industry
Tuesday, August 23, 2005
Those of us who love aviation and wish to see commercial aviation prosper and grow even faster will be cheered by the news this week that the latest round of air fares increases look likely to stick. ARM Corp's American Airlines, Northwest Airlines and JetBlue Airways made an excellent decision; they decided to go ahead and join United, Delta and Continental and US Airways -- to again raise fares.
U.S. airlines have already raised prices several times this year. By last Friday AM, AA had raised domestic faress by $10-$20 r/t to match Delta. Not that I want to necessarily spend more money when I fly, but with record-level fuel prices and other factors compromising the financial health of U.S. airlines, it's just fair and equitable.
Phoenix East Aviation Inc
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