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Rail and bus operators will raise fares for cash and smart-card users to reflect the 3-point consumption tax hike set for April 1, but they are split over how much to raise the fares. The government will allow the operators to raise fares in
But for a price increase to succeed, other carriers have to follow...As in most industries, when one carrier raises prices, its customers tend to jump ship to another. This is especially true if the product is highly commoditized, as in the case of
At the meeting with the SRT over the fare structure, he said that most passengers of the class are poor. As such, the government needs to consider this proposal thoroughly. He admitted that the SRT is operating at a loss due to the low fare. For the
T aking advantage of the closure of Kingfisher Airlines' operations, both Air India and Jet Airways [ Get Quote ] are making money from business class passengers. Government-owned and financially ailing AI has been dropping its economy class fares to
Federation of Malaysian Consumers Associations (Fomca) secretary-general Muhammad Shaani Abdullah said as no official announcement on fare increase had been made, parents were advised to keep receipts as proof for action to be taken against the
Southwest Airlines is making a 180-degree turn and raising fares on many routes by up to $10 per round trip. The self-proclaimed low-fare airline declined to match a $10 increase by United Airlines earlier this week, helping force United to roll back
Led by Southwest Airlines, several airlines are raising prices again. Southwest raised fares Wednesday by $10 per round trip on a limited number of routes. United Airlines expanded the increase later in the day to cover most of its U.S. flights.
Monday morning, as United Airlines backed off after evidently taking a good look at softening demand. Chris Gash United had initiated the attempt to raise fares last week, but when it abandoned the increase over the weekend, American Airlines and
Airlines are raising ticket prices again after a long lull that coincided with falling fuel costs. Over the weekend several big airlines matched United Airlines' increase in base fares of up to $10 per round trip within the U.S.
United Airlines is raising fares within the U.S. by up to $10 per round trip, the industry's first attempt at boosting prices in three months. United said Friday that it raised prices by between $4 and $10 per round trip...United could be forced to