Airfares are about to go up, just in time for the summer travel season

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Airfares are about to go up, just in time for the summer travel season
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Getting ready to fly somewhere this summer? Here's some bad news: Several big airlines are raising their fares.

New York Getting ready to fly somewhere this summer? Here's some bad news: Several big airlines are raising their fares.

American Airlines just increased one-way fares on domestic flights by $5. The airline confirmed the fare hike in an email to CNN Business. The increase was spotted earlier Thursday by JPMorgan analyst Jamie Baker, who added in a research note that it appeared Hawaiian Airlines has followed American's lead by boosting fares system-wide.Baker also noted that Southwest raised rates on several flights, most notably for corporate travelers.

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