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Delta Air Lines (DAL.US) Expects Fuel Costs to Surge USD2.5B, Plans Fare Hikes to Pass on to Passengers
Delta Air Lines (DAL.US) Chief Executive Officer Ed Bastian said that, affected by rising oil prices amid the conflict involving Iran, the companys fuel expenses for the current q...
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Delta Air Lines (DAL.US) Expects Fuel Costs to Surge USD2.5B, Plans Fare Hikes to Pass on to Passengers
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Delta Air Lines (DAL.US)      Chief Executive Officer Ed Bastian said that, affected by rising oil prices amid the conflict involving Iran, the companys fuel expenses for the current quarter are expected to increase by approximately USD2.5 billion. The company is studying measures to pass the higher costs on to passengers.

He noted that fuel prices have doubled over the past month. Airlines need to respond through fare increases and other measures, but such adjustments are difficult to fully reflect immediately. At the same time, the company is considering suspending certain unprofitable routes and reviewing its capital expenditure plans, including delaying some investments. (me/s)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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