Delta Sees 3Q Profit Slip, Hints At Higher Average Prices

Delta Air Lines third-quarter profit fell more than 6 percent to $1.18 billion,

David Goldman / Associated Press

The price of air travel is poised to rise again, with airlines seeing beyond recent fare wars that have cut into their profits.

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Delta Air Lines third-quarter profit fell more than 6 percent to $1.18 billion, partly because Hurricane Irma robbed the company of $140 million in revenue from canceled flights.