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0.00104743378722142 -0.000149633398174336 0.00104743378722142 0.00284303456531516 0.00194523417626829 -0.000448900194523435 -0.00306748466257666 -0.000673350291785152
Stock impact report

Airlines face price hikes, lower margins as Iran war pressures business [Yahoo! Finance]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Yahoo! Finance
The market is splitting into two camps as carriers test the limits of pricing power, according to Morgan Stanley analyst Ravi Shanker. While heavyweights like Delta ( DAL ) and United Airlines ( UAL ) have the ability to raise prices without losing customers, others are being left behind. Shanker noted that Delta has already raised its revenue target for the first quarter, expecting its earnings to hold steady because its wealthy flyers are absorbing the costs. "That said, DAL's refinery is expected to provide a meaningful fuel cost hedge starting in the second quarter," Shanker said. Unlike its competitors, Delta owns the Monroe Energy refinery in Pennsylvania — allowing the airline to produce its own jet fuel and capture refining profits. This setup helps Delta offset high costs during industrywide price fluctuations and is unique to the carrier. Other carriers typically buy fuel from third-party suppliers, which often charge steep markups. Read more: $100 oil could send airf Show less Read more
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