Airfare Hikes Expected to Stick in Wake of Rising Oil Rates

airline fare hikes
airline fare hikes

Photo, lrargerich, flickr

U.S. airlines are responding to rising oil prices this week with increased airfares that are expected to stick. Low-cost carrier Southwest Airlines threw its hat into the ring with $10 roundtrip increases across the board and the larger carriers announced fare hikes of $20 to $60 per trip.