More expensive flights Claudia Sonea

The fuel price is soaring and from all the means of transportation, the airliners seem to be the most affected, registering many bankruptcies. In order to cope with the new situation and to avoid getting out of business, many airliners focused either on merges, either on raising fares. Since the beginning of April, the fares rose up to 13 percent on 280 routes, but Delta Air Lines Inc. Chief Executive Richard Anderson said prices will need to be increased with 15 or 20 percent more in the current situation. United Airlines is a subsidiary of UAL Corporation and the second-largest U.S. carrier as of July 2006. Its spokeswoman Robin Urbanski announced on Thursday that most domestic airfares will be increased by 3 to 5 percent representing the third in a row in the last two weeks. Still, the airliner tries to prevent to get in a tight position similar to that of 2006 (February) when it faced bankruptcy, thus it is also in talks with Continental Airlines in the perspective of a merge and the decision will be taken after the merge Delta-Northwest ends. Airliners have to deal with strikes too and in the context of a shaky economy and uneasy investors. The shares market has been seeing many fall downs, but United parent UAL Corp., managed to increase the shares price to $1.46, or 10.5 percent. Now, it is really hard to cope with fuel price reality ($120 a barrel) and keep people's attention when it comes to travel by airplanes. The only problem is to find a mutual ground and that is fast before the number of passengers decreases and thus generating revenue losses.

related story: http://news.yahoo.com/s/ap_travel/20080424/ap_tr_ge/travel_brief_airlines_fares;_ylt=AjhN9HQhy_YIMCeCi0LC2jys0NUE

by Claudia Sonea for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.<br><br><font size=2>These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.</font><br>
edited by Tatiana Kucharikova