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Fare hikes follow airfare reform.

Publication: Business Travel News
Publication Date: 07-MAR-05 		Format: Online - approximately 703 words
Delivery: Immediate Online Access

Article Excerpt
A modest airfare hike initiated last month by Northwest Airlines was matched by most major and a few smaller competitors around the domestic market, indicating the potential for a revenue rebound after airfare reform earlier this year pushed down published fare levels and, in many cases, average fares paid by corporations.

Northwest cited high fuel prices and the beginning of "the historically strong travel period" for the pricing action, which bumped up all North American one-way fares $5 on flights under 1,000 miles and $10 on longer flights.

From the airline perspective, higher fares will help offset prolonged periods of high crude oil prices....

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