Airfares aren't taking off everywhere
Story By: Associated Press
Source: AP
Published Mon Sep 29, 2008, 06:16 AM MDT
Updated Mon Sep 29, 2008, 06:16 AM MDT
Fares in some cities are flat or even down, as fierce competition keeps airlines from charging as much as they would like.
Business fares in early September were down 5 percent in Phoenix and down 4 percent in New York compared to the same week last year, according to research by Bob Harrell of Harrell Associates, who tracks airfares.
In many other cities ticket prices were up only marginal, including 4 percent in Denver and Las Vegas. This is because Southwest Airlines has been adding Denver flights while United Airlines and Frontier Airlines pull back. By November 2nd Southwest plans to have 115 daily flights out of Denver, a nine-fold increase from mid-2007.
