Delta Air Lines Expects to Absorb $6 Billion in Fuel Costs, Lowers 2026 Profit Outlook

Delta Air Lines Expects to Absorb $6 Billion in Fuel Costs, Lowers 2026 Profit Outlook

Photo Credit: Delta Air Lines orders up to 60 Boeing 787 Dreamliners to grow and modernize widebody fleet. Delta Air Lines Delta Air Lines is largely forecasting a profit this year, despite lowering its 2026 outlook in response to fuel price increases. Delta is expecting earnings per share in 2026 to range from $5.10 to $5.60, down from its original forecast of $6.50 to $7.50. Delta chief financial officer Erik Snell told reporters that the change in guidance was driven by high jet fuel costs, which sat at an average of $4.50 as of Thursday evening. He added that Delta will incur $6 billion in fuel expenses this year, but has already accrued $900 mil

Original Source

Read the full article at Skift →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.