General Lee
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- Joined
- Aug 24, 2002
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NWA hikes fares, then backs down
Friday June 17, 5:01 pm ET
Northwest Airlines Corp. has rescinded its latest fare increase, just one day after it started.
On Thursday, Northwest and three other airlines had boosted fares to $509 each way for walk-up coach fares, above the $499 one-way fare cap set by Delta Air Lines early this year. But Friday, Northwest backed down, returning the fares to $499, according to an e-mail bulletin from independent airline fares analyst Terry Trippler.
Continental, United and America West Airlines had all added $10 to fares that had been capped to match Delta's $499 price. Delta followed suit, but only on flights for which it shares codes with other airlines. Code-sharing is used to allow passengers to more easily book flights on different carriers.
On other flights, Delta stuck to its $499 cap, which it put in place in January to attract more one-way business travelers.
On Friday, US Airways joined in on the fare increase, while Northwest and America West both rescinded theirs.
On June 9, Northwest increased many business fares by $50 each way, but dropped the fare hike three days later after American and Delta failed to match it.
Northwest and other Delta rivals have been trying to break through that cap, saying higher prices are needed to offset higher fuel costs.
Bye Bye---General Lee
Friday June 17, 5:01 pm ET
Northwest Airlines Corp. has rescinded its latest fare increase, just one day after it started.
On Thursday, Northwest and three other airlines had boosted fares to $509 each way for walk-up coach fares, above the $499 one-way fare cap set by Delta Air Lines early this year. But Friday, Northwest backed down, returning the fares to $499, according to an e-mail bulletin from independent airline fares analyst Terry Trippler.
Continental, United and America West Airlines had all added $10 to fares that had been capped to match Delta's $499 price. Delta followed suit, but only on flights for which it shares codes with other airlines. Code-sharing is used to allow passengers to more easily book flights on different carriers.
On other flights, Delta stuck to its $499 cap, which it put in place in January to attract more one-way business travelers.
On Friday, US Airways joined in on the fare increase, while Northwest and America West both rescinded theirs.
On June 9, Northwest increased many business fares by $50 each way, but dropped the fare hike three days later after American and Delta failed to match it.
Northwest and other Delta rivals have been trying to break through that cap, saying higher prices are needed to offset higher fuel costs.
Bye Bye---General Lee