Airline Ticket Prices Escalate

airport terminal 150x150 Airline Ticket Prices EscalateAs gas prices continue to rise, so do airline tickets. For the third time this year, airlines have raised their prices, reports The Chicago Tribune.

United and Continental have raised ticket prices $4 to $10 dollars. Virgin America, Delta Air Lines, US Airways, and American Airlines have followed suit. JetBlue Airways and Southwest Airlines have yet to raise their prices.

The jump in prices is unsurprising because of the rising cost of operating jetliners, and is due in part to the price of fuel. Last year, airlines in the U.S. spent $50.5 billion on fuel, up from $33.3 billion in 2005.

If rising airline ticket prices weren’t enough, hotels have raised their prices by seven percent as well.

To read the full article, visit http://www.chicagotribune.com/business/breaking/la-fi-travel-briefcase-20120227,0,6873332.story

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About Veronica Brown

I am currently the Marketing Communications Intern for the Council of Better Business Bureaus in Arlington, VA. Originally from Seattle, I am currently a student in Washington, D.C. studying International Affairs. In my spare time, I enjoy volunteering around the city, exploring the East Coast and keeping up with politics.