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Stock impact report

What the CEOs of the 3 biggest US airlines are saying about the Iran war's hit to travel and ticket prices [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 CEOs of Delta, United, and American Airlines spoke about their plans at a conference. They spoke about increasing airfares, cutting capacity, and more. Airline bosses are raising ticket prices to keep turning a profit due to the Iran war. That was the main message from the Big Three airlines — Delta, United, and American — whose CEOs spoke Tuesday at a JP Morgan conference. While oil prices have risen to over $100 a barrel, jet fuel has risen faster. Brent crude is up 45% over the last month, but the Argus US Jet Fuel Index rose 72% in that time. United Airlines has even been testing a scenario in which oil prices rise to $175, its CEO said. Jet fuel is typically the second-largest expense for airlines, after labor. At the conference, airline executives warned of the impact of rising oil prices but also sought to reassure investors that they're well positioned to contain them. Here's what they said: Delta Air Lines Since the Iran war started, Delta Air Lines h Show less Read more
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