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 the hit, Delta's premium cabins and loyalty programs showed growth, providing some cushion against margin pressure. The company's plan to increase capacity next quarter will test if revenue can outpace rising fuel costs.
As of Oct 09, 2026 20:51 WIB, Delta Air Lines shares are trading at USD 79.78 on Pluang, down 2.87% for the day, reflecting some investor caution following the profit outlook cut. United Airlines and American Airlines also declined, with United down 2.39% at USD 104.87 and American down 2.19% at USD 12.52. Delta's market cap stands at $54.02 billion, with a typical hold time of 97 days on Pluang, highlighting steady investor interest despite recent challenges.
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 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...
