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May 21, 2004

Airline Prices

More US Airlines Hike Their Fares

"NEW YORK (Reuters) -- Several U.S. airlines announced fare hikes to offset soaring jet fuel prices, following Continental Airlines' announcement a day earlier to do the same.


Continental Airlines on Tuesday raised fares worldwide to counter fuel costs, which have risen 50 percent from a year earlier on the back of soaring crude oil prices. The airline also warned of a loss in the second quarter and a "significant loss for 2004 and beyond.""

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Posted by Chey on May 21, 2004 09:08 AM
Category: Daily News
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