Rising Fuel Will Hurt Delta 4Q Results, Warns Bastian

Rising jet fuel prices will dampen Delta’s fourth-quarter results, along with those of the rest of the industry, said president and CFO Ed Bastian at the Calyon Securities U.S. Airline Conference yesterday. The carrier readjusted its guidance upward on fuel costs, going from $2.36 a gallon to $2.60...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.