DALLAS (AP) _ Major U.S. airlines have dropped an effort to raise fares by up to $16 a roundtrip after some carriers resisted the increase.
Fort Worth, Texas-based American Airlines confirmed on Monday that it had dropped a price hike from last week. American spokesman Tim Smith said Atlanta-based Delta had pulled the increase even before American did, and United and Houston-based Continental also retreated.
Air fare increases can be tricky. They can fall apart if one or two airlines refuse to go along or don’t match on every route, because other carriers don’t want to risk losing customers by
charging more for the same trip.