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Thread: Are you curious about airfare increases this week?

  1. #1
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    Are you curious about airfare increases this week?

    This post comes from Stacy Johnson at partner site Money Talks News.


    If there's air travel in your future, now might be the time to book your flight.


    That's because as of midnight Friday, the Federal Aviation Administration has no authority to collect the nearly $200 million it takes in each week by taxing airline tickets. According to the Air Transport Association, federal taxes and fees add about $60, or 25%, to a typical $240 round-trip fare. About half of that will now go uncollected.

    Airlines grab savings
    Unfortunately, by Saturday night many airlines raised ticket prices by the amount of the tax savings, essentially grabbing the money for themselves.


    According to The Associated Press, most major U.S. airlines kept prices the same by raising the cost of tickets by the amount of the tax savings. American, United, Continental, Delta, US Airways, Southwest, AirTran and JetBlue all raised fares, while Virgin America, Frontier Airlines and Alaska Airlines allowed the tax savings to flow through to the consumer.
    Spending the kids inheritance one trip at a time!


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    Spirit also passed on savings to the customers. I saved about $50-60 on what I normally pay thanks to buying at the right time this time... If I had been a $9 fare club member I could have saved even more

  3. #3
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    Quote Originally Posted by J-Ville Mark View Post
    This post comes from Stacy Johnson at partner site Money Talks News.


    If there's air travel in your future, now might be the time to book your flight.

    According to The Associated Press, most major U.S. airlines kept prices the same by raising the cost of tickets by the amount of the tax savings. American, United, Continental, Delta, US Airways, Southwest, AirTran and JetBlue all raised fares, while Virgin America, Frontier Airlines and Alaska Airlines allowed the tax savings to flow through to the consumer.
    AirTran has been passing on savings too on some of their routes......like to MoBay!

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