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 travel demand, fuel expenses rose 62%, significantly impacting margins. The airline now expects adjusted earnings of $5.10 to $5.60 per share for 2026, down from $6.50 to $7.50, with fuel prices expected to remain high amid geopolitical tensions. Delta forecasts continued revenue growth and plans to repay over $2 billion in debt, highlighting ongoing challenges balancing rising costs with robust demand.
Delta Air Lines shares are trading at USD 79.66 on Pluang as of Oct 09, 2026 20:32 WIB, down 3.02% for the day. This price is closer to the 52-week low of USD 55.65 than the high of USD 93.66, reflecting some market caution despite the airline's strong revenue growth. The stock's market cap stands at $54.02 billion, with a dividend yield of 1.05%, and most Pluang investors (76%) are buying rather than selling the stock.
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 revenu...
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 ...
