Air­fare in­creases are less com­mon

Los Angeles Times - - BUSINESS BEAT - hugo.martin@la­

Good news for air­line trav­el­ers: Air­fare hikes have be­come less com­mon and, typ­i­cally, tar­get spe­cific types of fliers or those in limited ge­o­graph­i­cal ar­eas.

That is the anal­y­sis of the lat­est at­tempts to in­crease air­fares by Rick Seaney, an air­fare ex­pert and chief ex­ec­u­tive of the travel site Farecom­

“To­day, car­ri­ers are less apt to toss spaghetti on the wall ev­ery two weeks with dis­tance-based price hikes that are usu­ally rolled back within a few days,” he said.

This year, most ma­jor car­ri­ers have matched only two fare hikes. The first, in Fe­bru­ary, boosted roundtrip fares about $4. The lat­est hike came in the last two weeks and raised those fares about $10, Seaney said.

Air­lines seem to fo­cus the hikes on spe­cific f liers, such as busi­ness trav­el­ers, or limited geo­graphic ar­eas, be­cause a se­ries of merg­ers in the last few years has re­duced com­pe­ti­tion and in­creased prof­its for air­lines, he said.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.