Expensive flights by Claudia Sonea

America is hit again by the oil prices. As a natural law of economy, a higher oil price leads to the increase in prices of goods and services. This is why should not be surprised why your sugar is much more expensive than it was at the beginning of the crisis when the gallon was not $4. The latest increase of prices generated by the oil price was that of airfares. AMR Corp.'s American Airlines followed by some of the nation's biggest airlines (UAL Corp.'s United Airlines and Delta Air Lines Inc.) increased the price in order to balance the 13 percent increase in oil prices reflected in the cost. This is the airline industry's seventeenth attempt to raise fares or fuel surcharges this year, but according to FareCompare.com (a site of searching and comparing airfares) said Continental Airlines rolled back the increase on Monday, thus there is hope for other airlines to do it too because the increases work only if even the competitors increase as well. Airlines have to pay with 77 percent more than what they paid until now for jet fuel and that is why they not only had to increase fares, but also to let go some of their staff. In addition, they added some new takes like that of $15 to check first bag. Is this sufficient to survive the oil surge? Is it fair for people to pay for it? Although we might be outraged by the decision, the important thing that we should keep in count is that everything is an economical law and we have to submit to it.

related story: http://news.yahoo.com/s/ap_travel/20080609/ap_tr_ge/travel_briefs_airfares;_ylt=AsujbMmgAwh_iP2kkry46y2s0NUE

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

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edited by Katarina Gaskova