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Delta raising cap on its most expensive fares

Thursday, July 14, 2005 | 9:25 a.m.

ATLANTA -- Delta Air Lines Inc., the fourth-busiest airline at McCarran International Airport, said today it is raising the cap on its most expensive fares by $100 because of persistently high fuel costs. The move comes six months after it announced a ticket price overhaul designed to draw in more business travelers. Its shares surged more than 11 percent.

The Atlanta-based airline said that effective immediately, one-way walk-up fares are capped at $599, up from $499, for economy class and at $699 for first class.

Delta said that it will continue to offer the fares without a Saturday-night stay-over requirement. It also is keeping its reduction of most special service fees to $50 and 1,000 bonus miles for tickets purchased on the company's Web site.

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