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AP: Airfares aren't taking off everywhere

By JOSHUA FREED, Associated Press

September 29, 2008

Air fares are up, right? The short answer is yes _ 22 fare increases this year. But fares in some cities are flat or even down, as fierce competition keeps airlines from charging as much as they would like.

Business fares in early September were down 5 percent in Phoenix and 4 percent in New York compared to the same week last year, according to research by Bob Harrell of Harrell Associates, who tracks airfares. In many other cities ticket prices were up only marginally _ 1 percent in Orlando, 3 percent in Atlanta, 4 percent in Denver and Las Vegas.

 

To read more, visit: http://www.businessweek.com/ap/financialnews/D93FTP600.htm

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