Delta Air Lines missed earnings expectations and lowered its full-year profit forecast due to a 60% surge in jet fuel costs linked to the Iran war. However, the airline kept its adjusted pretax profit roughly flat by raising fares and boosting revenue, especially from premium seating which grew 18% and outpaced main cabin revenue. Its loyalty business, including a 15% revenue rise from its American Express partnership, also contributed to diversified income. Analyst Jim Cramer sees these trends as signs of Delta evolving into a more resilient business with strong premium demand and loyal customers, expecting fuel prices to eventually drop and improve profitability further.
Delta Air Lines trades at USD 82.18 on Pluang as of Oct 10, 2026 05:51 WIB, showing a slight 0.05% increase for the day. The stock holds a market cap of $54.02 billion and a dividend yield of 1.05%. Pluang users currently show full buy interest with no sell orders, reflecting steady investor confidence despite recent earnings misses.
Southwest Airlines experienced a temporary grounding of flights due to a widespread IT outage affecting its vendor Amadeus, which handles booking, check-in, and baggage systems. The outage caused long lines, check-in failures, and app issues across m...
Delta Air Lines reported Q3 earnings with revenue of $20.20 billion, surpassing estimates, but earnings per share missed at $1.72 due to higher fuel costs. The airline lowered its 2026 adjusted earnings forecast to $5.10-$5.60 per share and free cash...
Delta Air Lines lowered its full-year profit forecast due to a $6 billion increase in jet fuel costs driven by the ongoing Iran war. Despite Elon Musk's viral joke about Delta's Wi-Fi, the airline's financial challenges stem from soaring fuel prices,...
Delta Air Lines reported a 3% drop in shares after missing Q3 earnings expectations due to a 62% jump in fuel costs. The airline cut its full-year profit and cash flow forecasts, citing rising fuel expenses expected to continue next quarter. Despite ...
Delta Air Lines reported September-quarter adjusted earnings of $1.72 per share, slightly below analyst expectations, and lowered its 2026 profit forecast due to soaring jet fuel costs. Despite a 16% revenue increase to $17.6 billion driven by strong...
