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Fly News Breaks for June 22, 2015
DAL
Jun 22, 2015 | 09:42 EDT
JPMorgan says the $2 domestic fare increase Delta Air Lines instituted last Thursday did not stick after failing to gain support from the discounters. The airliner rescinded the $2 increase on Saturday, the firm notes. The move is not surprising as domestic fares are still $3 to $8 higher each way than they were two weeks ago, JPMorgan tells investors. It keeps an Overweight rating on Delta.
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