Delta Forecasts Higher Non-Fuel Unit Costs Through Year-End
Credit: Rob Finlayson
Shares in Delta Air Lines slumped after the company revised its expectations higher for third-quarter (Q3) and full-year non-fuel unit costs. Atlanta-based Delta on Oct. 2 revised its guidance for Q3 CASM-ex up to 2.5% year-over-year (YOY) from initial guidance of 1%-2%, citing higher employee costs...
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