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[$$] Delta to Increase Fares, Trim Flights as Fuel Prices Rise

Delta Air Lines Inc. said it will boost fares and add fewer flights than planned, as carriers contend with a surge in fuel prices that is looming over flush times for the industry. Delta on Thursday posted second-quarter earnings than topped forecasts, with record revenue helping to offset a $578 million jump in its fuel bill, up 33% from a year earlier on an adjusted basis. Delta said its fuel bill in 2018 would be $2 billion higher than last year.