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Monday
Dec272010

Airlines Raise Fare Prices Amid Snowstorm, Rising Oil Costs

Photo Courtesy - Getty Images(NEW YORK) -- As thousands of passengers were left stranded at airports along the East Coast during one of the worst travel disturbances of the year, United, Continental, American and Delta Airlines all raised ticket prices Monday, according to FareCompare.com.

According to the fare watcher website, United Airlines and Continental Airlines both added a $10 one-way ($20 roundtrip) "peak travel day" surcharge for many of their domestic flights for all future travel dates. 

Hours later American Airlines, added a $20 roundtrip airfare hike for much of its domestic route system.  Delta Airlines followed soon after.

FareCompare attributed the sudden increase in ticket prices to rising oil costs.  Monday marked a 26-month high for oil prices, consequently affecting jet fuel costs.

Copyright 2010 ABC News Radio

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