Airlines to Hike Fares in the Backdrop of Rising Fuel Costs

United Airlines and Continental Airlines have raised their airfares. This move was followed by American and Delta Air Lines. Approximately, $20 to $60 has been added to the cost of round trip tickets. The move is geared towards business travel segment air travellers making last-minute bookings. These steps are an attempt by airlines to balance out their losses due to the continuous spurt in fuel