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All Legacy Airlines Match 20th Attempted Airfare Hike of 2008

June 28, 2008 | Posted in: Airfare News,Airline News

It appears that the 20th attempted airfare hike this year is going to sail through without any issues as tonight Northwest Airlines and US Airways completed the matching of the other 4 legacy airlines (American, Continental, Delta & United) by raising prices $20 to $40 roundtrip across the bulk of their respective route systems.

Southwest Airlines initiated the 20th attempted airfare hike of 2008 Thursday by raising fares by $10 – $20 roundtrip for travel starting 2nd of November.

The legacy airlines took this rare opportunity to not only match Southwest but to “double-up” on the hike, raising most routes by$40 roundtrip.

As usual the legacy airlines tiptoed around most Southwest overlapping routes to stay competitive.

I do not expect to see the same torrid pace of airfare hikes in the latter half of 2008 as the first – at the current pace we would end up with 40 attempted airfare hikes this year (we had 23 attempts in 2007).

Many airlines have a plethora of new “fee charges” which will help blunt some of the rising cost of fuel for the rest of the year — but all bets are off if oil “travels” through $160 a barrel and beyond.

Catch the 2008 Airfare Hike Timeline Here.

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