Jet fuel prices and airfares are rising. Travelers are still booking flights, US airlines say In this article : [Yahoo! Finance Canada]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Yahoo! Finance Canada
Executives from Delta Air Lines, American Airlines and United Airlines told investors Tuesday that strong ticket sales are helping offset those higher costs, with all three carriers reporting record bookings this year. Jet fuel prices have jumped since the war began on Feb. 28 and strained global oil supplies, particularly around the Straight of Hormuz , a narrow waterway through which roughly one-fifth of the world's oil passes. The volatile crude oil price that is driving gasoline prices higher has had the same effect on jet fuel, which is one of the airline industry's biggest expenses, typically making up about a quarter of operating costs. The price for a gallon of jet fuel rose to $3.93 on Tuesday, up from $2.50 the day before the war broke out, according to Argus Media. Delta CEO Ed Bastian said that amounts to roughly $400 million in additional costs so far. Executives at American and United reported similar figures while speaking Tuesday at the annual J.P. Morgan Industri
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DAL
Earnings
- 1/13/26 - Miss
DAL
Sec Filings
- 3/17/26 - Form 8-K
- 3/5/26 - Form 8-K
- 2/27/26 - Form 4
- DAL's page on the SEC website