Delta Raising Cap on Most Expensive Fares

Atlanta-based Delta boosted the cap on one-way walk-up fares to $599, up from $499, for economy class and to $699 for first class.

Delta shares rose 61 cents, or 17.7 percent, to close at $4.05 on the New York Stock Exchange. AMR shares rose $1.08, or 8.4 percent, to finish at $13.87 on the NYSE, while shares of Continental Airlines Inc. gained 59 cents, or 4 percent, to $15.35. Northwest shares rose 31 cents, or 6.6 percent, to end at $5 on the Nasdaq Stock Market.

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