Airlines Try To Raise Fares for the 10TH Time in 2011

In baseball analogy, airlines are batting .600...
That's because they made 10 attempts in 2011, including one this week, to raise fares. The increase held up 6 times because all the carriers that need to match did.

Four times however, there were key airlines that were not quite ready, and when this happens, carriers that implemented fare increases, roll them back for fear of market share loss.

With the price of jet fuel going exponentially higher, and airlines not having the correct hedging strategies, the costs are increasing dramatically, and passengers are feeling the sting of the high fuel surcharges and fare increases.

www.premieretravel.com