Airlines are about to run out of jet fuel because of the Iran war [CNN]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: CNN
On top of higher airfares and fees because of the war in Iran, airlines in Europe and Asia, many of which depend on imported jet fuel, are now facing a potential shortage, raising the odds of flight cancellations and schedule cuts. The US is in no immediate danger of running out of jet fuel, but the global shortage is driving up fuel prices for US carriers. They are cutting back on cheap airfares and less profitable flights, a move that's likely to drive up airfares for US travelers particularly in the summer months. Even if the US and Iran reach a deal to reopen the Strait of Hormuz today, the die is cast for summer travel. Airlines are planning routes and setting airfares for months in the future. United, for example, has cut its previously planned schedule by about 5% over the next six months. Airlines — and their passengers — likely won't see any relief until deep into the summer, if then. That's because it will take months to resume normal supplies of oil and jet fuel.
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DAL
News
- Delta Air Lines (DAL) Is Up 6.2% After Fuel-Driven Route Cuts and Q2 Guidance Update – Has The Bull Case Changed? [Yahoo! Finance]Yahoo! Finance
- Airlines are about to run out of jet fuel because of the Iran war [CNN]CNN
- Hormuz Whiplash Shows Why The Oil Trend Matters More Than The Price For Airlines [Seeking Alpha]Seeking Alpha
- Delta Air Lines trims summer schedule amid high fuel prices [USA TODAY]USA TODAY
- Flights at Pellston Regional Airport remain disrupted because of flooded runways [CBS News]CBS News
DAL
Earnings
- 4/8/26 - Beat
DAL
Sec Filings
- 4/15/26 - Form 4
- 4/14/26 - Form 144
- 4/14/26 - Form 144
- DAL's page on the SEC website