Airplanes are about to rise, just in time for the summer tourist season

American Airlines increased only one-way domestic flights by $ 5. The airline confirmed the price increase in an email to CNN Business.

The increase was noticed earlier on Thursday by JPMorgan analyst Jamie Baker, who added in a survey that it appeared that Hawaiian Airlines had followed the US lead by raising tariffs for the whole system.

Baker also noted that the Southwest raised prices on several flights, mostly for corporate passengers.

Is it worth flying with an ultra-low cost airline?

Hawaiians were not immediately available for comment on the reported AAL ) increased by more than 6% on Thursday Hawai ( HA ) and LUV ) rose more than 2% and 3% respectively. DAL ) United ( UAL [194 also ended the day with healthy profits

Wall Street welcomed the possibility of higher prices at a time when oil prices generally fell as a good sign The upward trend may also signal that demand from business and corporate travelers remains unresolved despite fears of a slowdown in the US economy as well as disruption caused by the grounding of 737 Max Airplanes. The news of higher prices seems to surprise investors, mainly because it took less than a month after the latest rise in industrial tariffs. "We did not expect a new growth so soon," Baker said in his report. He added that since fuel costs have fallen recently, "we have been obsessed with local rates much less than usual, given the low likelihood of further increases." (adsbygoogle = window.adsbygoogle || []).push({}); Source link

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