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0 0.00118220777301608 0.00118220777301608 0.00339884734742137 0.000591103886508146 0.0039899512339293 -0.00159450273385549 -0.00509827102113195
Stock impact report

Travelers face higher costs and fewer flight options as jet fuel prices swing [Globe and Mail, The (Toronto, Canada)]

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
The culprit is volatile oil and jet fuel prices , which have spiked sharply since the war in the Middle East began and fighting near the narrow Strait of Hormuz created a chokepoint for global oil supplies. “Volatility is the real story here,” said Shye Gilad, a former airline captain who now teaches at Georgetown University's business school. “Right now, the airlines are trying to make bets on what they think will happen in the future." Airlines are responding cautiously, trimming schedules and adjusting prices in ways that experts say will ripple unevenly across the market but ultimately affect nearly every type of traveler. Budget airlines and the price-conscious customers who rely on them are likely to feel the pinch first and most acutely, experts say, but even travelers in premium cabins won't escape the higher prices and less convenient schedules. Oil prices have swung wildly in recent weeks, briefly topping $119 a barrel at one point, and then plunging Wednesday below Show less Read more
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