Airline Stocks Mixed After United Continental Hikes Round Tr

April 01, 2011

Airline stocks are mixed after United Continental Holdings (UAL) raised airfares on a number of routes by $10 per round trip to counter rising oil prices, which are driving up the cost of jet fuel. So far, no other carriers have followed suit, according to experts quoted by the AP. Airlines have broadly raised prices six times this year, but carriers pulled back two hikes last month after some airlines held the line on their prices.