U.S. airlines enter Q3 with resilient demand, but fuel costs pressure profits
Bookmark this storyStrong fares and travel demand are supporting U.S. airlines ahead of third-quarter results, with analysts remaining constructive on Delta. But a sharp rise in fuel costs is eroding the outlook: Delta cited a $6 billion increase in fuel expense as it lowered its full-year forecast, widening the risk that revenue growth will not translate into stronger profits.
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