6/6/2008

Travelers should expect to see higher fares as airlines ground planes, The Wall Street Journal's Scott McCartney writes. However, he notes that fare increases put in place earlier this year don't come close to covering the soaring price of fuel for U.S. carriers. The average price people paid to fly one mile domestically in April rose just 4.3% over last year, according to the Air Transport Association. Meanwhile, fuel prices are up 66%.

Related Summaries