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Fuel Prices Push Delta To Raise Fare Caps: "Pressured by high fuel costs, Delta Air Lines Inc. yesterday raised its cap on some of its ticket prices by $100, prompting several other airlines to boost their fares.
U.S. carriers have raised fares seven times this year, the highest number of annual increases in nearly a decade. Average fares for summer and fall are up 10 to 15 percent from last year, according to airfare expert Terry Trippler of Cheapseats.com.
Passengers wait in line at the Delta check-in counter at the Denver International Airport. Delta announced yesterday that it is raising the cap on some of its fares by $100.
Passengers wait in line at the Delta check-in counter at the Denver International Airport. Delta announced yesterday that it is raising the cap on some of its fares by $100. (By Matthew Staver -- Bloomberg News)
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With fuel prices continuing to rise, more fare increases are probably coming, Trippler said. Next summer, ticket prices could be another 20 percent higher, he predicted.
'If you see a cheap fare for the holidays now, you better grab it,' Trippler said."

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