Delta cuts its profit outlook by nearly a quarter as its quarterly fuel bill jumps 62%
Delta Air Lines cut its full-year earnings forecast to $5.10-$5.60 a share from $6.50-$7.50 after its third-quarter fuel bill rose 62% to $4.1 billion. With fares already up about a quarter and seat growth speeding up, rivals have less room to pass on the next fuel increase.
Not matched to your interests — here because it is one of the day’s biggest stories.
Reality
- Evidence78
- Adoption
- Insufficient
- Hype gap+5
- Incentives35
- Confidence76