Delta Air Lines expects its Trainer, Pa., oil refinery to be profitable this year, but the carrier already has realized fuel-price benefits from the amount of jet fuel the facility has kept in the market. The Trainer facility lost $46 million in the fourth quarter and $116 million for the full year 2013, Delta Chief Financial Officer Paul Jacobson said last month. But the refinery had a positive effect on Delta’s fuel bill, at about $0.03 per gallon for the full year. In ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Delta Expects Its Refinery To Turn Profit This Year".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.