In this morning’s update US Airways rolled back all of the $5 (one-way) increases it had filed Friday night. US Airway’s decision puts into question whether this round of increases will stick. Based on previous fare initiatives of this scale, once a carrier pulls back completely, it is typical for the other carriers follow.
Delta and United also partially rolled back their increases in the same update.
There are updates at 12:30 and 8 pm today.
Below is a chart showing the fare changes since Continental started the increase on May 3rd.