Your email has been successfully added to our mailing list.

×
0 0 0.00897180290515536 0.0068356593563088 0.00398746795784678 0.0101110794645401 0.00968385075477082 0.00954144118484765
Stock impact report

Fuel refinery Delta bought is expected to save airline $300M this quarter as jet fuel prices jump 105% [CBS News]

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: CBS News
The Atlanta-based airline owns a refinery in Pennsylvania that is helping it cut fuel costs while rivals face jet fuel price increases as high as 105%, according to Clint Henderson, managing editor of The Points Guy "When Delta bought that refinery, there was a lot of head scratching, but now they look like geniuses," Henderson said. The refinery gives Delta an edge as airlines industrywide raise fares and add fuel surcharges in response to climbing fuel prices. Unlike past fuel spikes, airlines are passing costs to consumers immediately rather than gradually, Henderson said. "In a normal market, fuel surcharges and the price increase from jet fuel gets passed on to consumers very slowly. Not this time," Henderson said. Average summer airfares are up between 10% and 20%, depending on the destination. Some airlines are also cutting capacity. United announced it is cutting 5% of its flights, meaning fewer options and higher prices for travelers. "We're already seeing U.S. car Show less Read more
Impact Snapshot
Event Time:
DAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for DAL alerts
Opt-in for
DAL alerts

from News Quantified
Opt-in for
DAL alerts

from News Quantified