Delta Air Lines will get a hard look from Wall Street when it posts earnings before Thursday’s opening bell. Two pressing concerns: Demand and fuel costs.
And what about fuel costs? Oil prices have been headed up in the past several weeks and spiked over the weekend after the Hamas attack on Israel. Will the war keep oil higher for the next quarter? Or even the next year? United Airlines , as an example, could save $80 million a year or almost 1% in overall fuel expenses if the average passenger weight dropped by 10 pounds, according to analyst Sheila Kahyaoglu.
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Delta Air Lines earnings in focus amid travel boom, surging fuel pricesDelta, the first of the major U.S. carriers to report third quarter earnings, is likely to detail the impact of surging jet fuel costs on record travel demand.
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