Published: Feb 08, 2011 8:24 PM EST
Updated: Feb 08, 2011 5:24 PM EST

DALLAS (AP) - United and Continental airlines are raising fares for U.S. business travelers by $20 to $60 for a round-trip ticket.

The airlines, both owned by United Continental Holdings Inc., raised fares Tuesday. American says it matched the increases.

JPMorgan analyst Jamie Baker says selective price increases on business travelers make sense, and that price hikes on leisure travelers might have run their course.