What Goes Up: Airlines Raise Fares

With the price of oil –– and air fuel –– continuing to climb higher than the jets it flies, Delta Air Lines raised its most expensive fares last week by $100. Continental, United, and Northwest Airlines, and American Airlines all quickly followed suit. Delta boosted its maximum fare to $599, up frm $499, for one-way, walk-up fares for economy class and to $699 for first class. This came a half-year after it had announced a ticket price overhaul to attract more business travelers.