The Cost of Jet Fuel Is Going Up. Here’s What It Means for Your Summer 2018 Vacation. [Fortune]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Fortune
Airlines are paying more for fuel just in time for summer 2018 vacations, and it could cost you. According to data from the International Air Transport Association, the price of jet fuel has risen nearly 55% over last year , and it doesn’t show any sign of slowing. With the busy summer travel season ahead, airlines are facing a choice between increasing prices or decreasing services. Here are some of the changes you might notice. Flight prices Some airlines have already started to raise prices as the cost of their second-biggest expense (after labor) has gone up. Spirit airlines has already increased the cost of a ticket, and American Airlines has said they’re considering price hikes . Still, most travelers won’t see the hit on this summer’s travel as airlines hesitate to increase costs until absolutely necessary. Crowded overhead bins Delta and American Airlines have already expanded their “basic economy” class tickets internationally, which means that m
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DAL
Earnings
- 4/10/24 - Beat
DAL
Sec Filings
- 4/30/24 - Form 4
- 4/29/24 - Form 144
- 4/26/24 - Form 8-K
- DAL's page on the SEC website