WEDNESDAY, FEBRUARY 20, 2008
Airline Travel to Europe about to Get More Expensive
USA Today reports that fuel surcharges will increase airfare from the U.S. to Europe this year:
Americans flying to Europe in spring will be
paying more -- in some cases, a lot more -- largely because of
skyrocketing fuel costs.
An analysis for USA TODAY of ticket sales
through Sabre, the world's largest distribution system, shows that the
average price paid through Jan. 31 for U.S.-Europe air travel in April
or May was 6.9% higher than during the comparable periods in 2007.
The analysis looked at round-trip sales regardless of fare categories.
Travelers are paying those higher prices despite
a 10.3% expansion of trans-Atlantic flying capacity by the airlines.
Typically, when the supply of a product rises, prices rise little, if
at all.
Posted at 12:50:28 AM
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