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FOX Business Flash top headlines for July 8

Check out what's clicking on FoxBusiness.com.

Delta Air Lines is rolling out lower-cost fares for some of its premium cabins, but travelers will have to give up some perks.

The Atlanta-based airline announced Wednesday the launch of three new "basic" fares, expanding its no-frills pricing model to higher-end cabins, including Delta First, Delta Premium Select and Delta One.

The new fare options are Delta First Basic, Delta Premium Select Basic and Basic Business, which is the lower-cost fare for Delta One.

"This expansion gives customers more ways to choose the Delta experience that best fits their trip and a new way to access our premium tier products," Joe Esposito, executive vice president and chief commercial officer at Delta, said in a statement.

DELTA CEO ED BASTIAN REVEALS WHAT HE SAYS MUST HAPPEN FOR AIRLINE TICKET PRICES TO FALL

Delta Air Lines A321 NEO

The Atlanta-based airline said Wednesday it is expanding its basic fare option to Delta First, Delta Premium Select and Delta One in certain markets. (Chris Rank/Delta Air Lines)

The new fares are now available for purchase. They include the same onboard experience as Delta’s higher premium fare tiers but come with restrictions.

Customers who book the fares will have seats assigned after check-in, earn fewer miles, get a reduced checked bag allowance and will not be eligible for upgrades.

Same-day travel changes also will not be allowed, and changes or cancellations will come with a fee, according to the airline.

Travelers on basic tickets will also need another way to access Delta Sky Clubs, such as a Sky Club membership or eligible credit card.

DELTA TO SCRAP SNACKS AND BEVERAGES FROM HUNDREDS OF FLIGHTS, EXPAND OFFERINGS ON OTHERS STARTING THIS MONTH

A Delta A321neo Domestic First Class cabin is shown

A Delta A321neo domestic first-class cabin. Delta is rolling out lower-cost Delta First fares that include the same onboard experience but come with added restrictions. (Delta Air Lines)

Basic Business customers will still receive the Delta One onboard experience, including Zone 1 boarding, lie-flat seats, premium meals, hot towel service, bedding and amenity kits, according to Delta.

However, Basic Business tickets will not include Delta One check-in or Delta One Lounge access after Jan. 18, 2027, unless the traveler has another way to enter.

Delta said customers flying Basic Business will continue to receive those benefits through that date as travelers adjust to the new fare rules.

Delta First Basic is available now on certain Delta-operated domestic and Latin America routes.

Delta Premium Select Basic and Basic Business are also available for purchase now, with travel beginning in September on select domestic and long-haul international routes.

DELTA LANDING ATTEMPT RATTLED BY WRONG TOWER RADIO MIX-UP, SPARKING ALARM NEAR LAGUARDIA

A Delta One lie-flat seat is seen inside an aircraft cabin.

A Delta One lie-flat seat is shown inside a Delta Air Lines aircraft. (Delta Air Lines)

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Delta previously signaled that it planned to bring more fare options to its premium cabins.

Glen Hauenstein, Delta’s former president, said on an earnings call in July 2025 that the airline’s main cabin segmentation served as a blueprint for its premium seats, according to CNBC.

"Different people have different needs," he said at the time.

Read Original at Fox Business