Are the airlines realizing that high fuel costs are here to stay? Nice to see the effort by so many of the carriers to raise fares, and even nicer to see the fares sticking. I thought it was interesting to see that just one of these increases can counter $5 per barrel of oil.
I know UA just had a record daily load factor last Saturday, and it wasn't even during a summer, Thanksgiving, or Christmas holiday. The demand is definitely there. Even if these increases lower the load factor by one or two points, the loads will still be in the 90% range, unheard of for this time of the year. Other airlines also have heavy loads, so it is great to see a little "supply vs. demand" pricing finally go into effect!