All the major airlines that raised fares last week have partially rolled back the increases after low-cost carrier Southwest Airlines (LUV) failed to match, said Neil Bainton, chief operating officer at FareCompare.com
Fast-growing Southwest on June 27 said it would scale back its growth rate for the fourth quarter and for all of 2008 to curb costs. It now plans to increase flying capacity 6% on a year-over-year basis, down from a previously planned 8%. It also has been very public about its need to increase revenue to offset high fuel costs.
CEO Gary Kelly strongly hinted at a meeting with Wall Street analysts that a major change in the carrier's simple fare structure will be rolled out at year's end when a new computer system makes its debut. That computer upgrade also will allow Southwest for the first time to sell international tickets.
So much for hoping for a decrease. Right now my rates are $170 way. I paid $165, I was hoping for a drop so I could get credit. So far, nothing, but it only has been a week.
Our Authorized Disney Vacation Planners are here to provide personalized, expert advice, answer every question, and uncover the best discounts.
Let Dreams Unlimited Travel take care of all the details, so you can sit back, relax, and enjoy a stress-free vacation.