Major airlines raise fares

October 16, 2012 4:24:49 PM PDT
Major airlines are raising fares again, for the seventh time this year.

It started Tuesday, when Southwest Airlines bumped fares by as much as $10 round trip -- depending on the flight. Other major airlines are expected to follow right behind.

Airline fares have gone up and down like airplanes this year. Carriers raise and then lower fares depending on the market. Analysts believe this fare increase will stick.