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    market news

    What Oil Prices Mean for Airfares

    Investing News Network
    Mar. 11, 2011 04:45PM PST
    Oil and Gas Investing

    NY Times analyzes the relation between rising crude oil price and airfare.

    NY Times analyzes the relation between rising crude oil price and airfare.

    The market news is quoted as saying:

    In the first week of March, American Airlines raised the price of one-way tickets by $10 in all fare classes, said Ike Anand, director of airline strategy and analysis for Expedia. U.S. Airways, Delta and others followed; smaller airlines have, too.

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