Airlines go along with fare increases

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Wednesday, June 2, 1999 | 11:18 a.m.

The cost of flying to your favorite vacation spot is up almost 11 percent this year after another fare increase from the major airlines at the start of the summer travel season.

The third fare increase of 1999 is expected to stick since Northwest Airlines Corp. has gone along with a 4 percent increase levied by Continental Airlines last week.

As of Tuesday, Continental, American, Delta, Northwest, United and TWA had increased their seven-, 14- and 21-day advance fares, effective immediately.

Still, overcapacity at the airlines is expected to be a problem this year with the number of available seats rising by 5.6 percent in this quarter alone, said analyst Susan Donofrio of BT Alex. Brown.