While the amount is minimal, $10 one-way $20 R/T, this marks the second time in a week that the airlines have raised prices (last week's attempt was aborted and rolled back). I expect prices to continue to rise considerably in the next several months, especially for1 business fares.

From the article in today's online WSJ:

U.S. BUSINESS NEWS COMPANIES Dow Jones, Reuters

Airlines Make Another Bid
To Boost Discounted Fares

By SCOTT MCCARTNEY
Staff Reporter of THE WALL STREET JOURNAL

U.S. airlines are trying again to raise discounted airfares by $20 per round trip.

Early Thursday, UAL Corp.'s United Airlines boosted prices on discounted leisure and business travel fares by $10 one-way, or $20 round-trip. The move covered about 9,000 markets, a United spokesman said, but wasn't made across-the-board.

Northwest Airlines selectively matched United's higher prices Thursday. Other airlines are expected to follow suit, perhaps as early as this afternoon.

Rest can be found in Airlines Make Another Bid
To Boost Discounted Fares.