No connection

Search Results

Analysis Neutral

Delta CEO says airline will 'meaningfully' cut growth plans, sees $300 million boost from its refinery

Apr 08, 2026 10:32 UTC

Delta is scaling back its flight plans as fuel costs grow to reduce its expenses..

  • In this article Delta Air LinesCEOEd Bastiansaid the carrier will "meaningfully reduce" its capacity growth plans in the near term as fuel costs soar, solidifying a pullback from airlines that have been roiled by a historic run-up injet fueldue to theMiddle East war
  • Shares of the company were up more than 11% in early trading, extending gains U
  • S

In this article Delta Air LinesCEOEd Bastiansaid the carrier will "meaningfully reduce" its capacity growth plans in the near term as fuel costs soar, solidifying a pullback from airlines that have been roiled by a historic run-up injet fueldue to theMiddle East war. Shares of the company were up more than 11% in early trading, extending gains U.S. carriers saw after oil prices dropped. Delta on Wednesday forecast adjusted per-share earnings of $1 to $1.50 in the second quarter, compared with the $1.41 a share analysts were expecting, with revenue up in the "low-teens" percentage points compar

Sign up free to read the full analysis

Create a free account to unlock full AI-curated market articles, personalized alerts, and more.

Share this article

Stay Ahead of the Markets

Join thousands of traders using AI-powered market intelligence. Get personalized insights, real-time alerts, and advanced analysis tools.

Home
Terminal
AI
Markets
Profile