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Wednesday
Feb232011

Airfares on the Rise...Again

Photo Courtesy - Matthew Peyton/Getty Images(DALLAS) -- You've seen gasoline prices skyrocket in the last couple of days and so have the airlines. 

Instability in oil-producing countries is driving up the cost of jet fuel and, as a result, airfares.  American Airlines led the pack on Monday with a $20 hike in business class tickets.  United, Continental and US Airways quickly followed suit.  Now Delta, the last holdout, has joined in, and the fare hikes are likely to stick. 

Many travelers hope with the warm weather of the summer comes lighter fares.

Copyright 2011 ABC News Radio

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