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News Summary: Southwest adds $10 to some fares

Friday - 8/17/2012, 6:36pm  ET

By The Associated Press

(AP) - FARES CLIMB: Southwest Airlines Co. on Friday added $10 to the price of a round trip that's under 500 miles each way.

AIRLINES LIKE IT: United, Delta and American quickly matched the increase.

HIGHER COSTS: Airlines have been dealing with higher fuel costs, and Southwest has also seen its labor and maintenance costs increase. A spokeswoman said Southwest needed higher prices to cover those costs.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)