Delta Air Lines Inc. DAL 1.85% said it will boost fares and add fewer flights than planned as carriers contend with a surge in fuel prices amid a record stretch of profits. Delta beat earnings forecasts on Thursday as record revenue helped offset a $578 million higher fuel bill than in the second quarter of last year. But the No. 2 U.S. carrier by traffic said those rising fuel costs will weigh on profit for the rest of this year, leading it to lower its profit outlook. Delta said its fuel bill in 2018 would be $2 billion higher than last year. “With higher fuel prices you’re going to expect to see ticket prices go up as well,” said Chief Executive Ed Bastian. Analysts expect other U.S. carriers to outline plans to cut capacity growth as they report earnings over the next few weeks. Airline shares fell sharply on […]