According to Middle East News report, holiday trip is going to be costly because All Airlines have raised fares to prevent loss. As news report says major airlines are joining the widespread airfare increase which is initiated by Delta Air Lines Inc where it raised fares by $4 to $10 on roundtrip flights across most of its U.S. routes.
According to various other world news headlines report, United Continental Holdings Inc. soon after joins the Delta Air Lines Inc for matching up the fares. As report says by early Wednesday, every other major airlines had raised their fares for trip, including Southwest, according to JPMorgan’s Jamie Baker. Well, the amount raised by airlines is hiked to 19 times this year. But there are some other airlines have not hiked the fares which are showing the chances of roll back fare increase. But those have been succeeded to bring increment in fares are running fares up by $58 to $70.
According to Middle East News report, the current fare hikes are reporting as third-quarter financial results by airlines. And the tickets hikes are taking travelers into a huge trouble. Well, till the time the fare hikes seem to be positive for airline investors but it is not able to prevent another financial loss, as various world news headlines are reporting.
So this is the news report about hike in faring by Air travels, which seems not to be diminished right this moment anyway. So friend, if you are wondering more information regarding this news report then head on to eagle16.com to gain more knowledge about this. For your kind information – Eagle16.com is covering wide range of information on its website. If you are one who is a kind of news addicted then, follow through this news portal to get familiar with all world news reports with a glance.
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