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Originally published on Fri May 3, 2013 12:14 pm
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DAVID GREENE, HOST:
NPR's business news begins with sky-high airline fees.
First United did it, then U.S. Airways followed suit, and now Delta and American say they too are raising the fee for changing a domestic flight reservation to 200 bucks - that is up from 150.
The companies say they incur costs when a customer changes a reservation, and the higher fee compensates for that. Analysts say cancellation and change fees make a big difference on airlines' bottom lines, at a time when many are facing financial difficulties. Transcript provided by NPR, Copyright NPR.