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Skift • Meghna Maharishi

Delta halts growth, trims Q2 profit as Iran war-driven jet fuel spike adds >$2bn in costs

Delta pulled planned capacity growth for the quarter and cut its Q2 profit forecast below Street expectations after Iran war-driven jet fuel spikes that will add more than $2 billion to June-quarter costs. Its refinery is expected to offset about $300 million and traffic demand remains strong.

2026-04-08T03:39:29.930362-07:00

Breitflyte

Delta posts $289M Q1 GAAP loss, $14.2B adjusted revenue; forecasts $1B Q2 profit

2026-04-08T05:22:11.945547-07:00

CNBC

Delta picks Amazon Leo for inflight Wi‑Fi on 500 aircraft from 2028, promises 1 Gbps

2026-03-31T04:00:33.018485-07:00

FlightGlobal

Delta A330-300 (DL104) returns to São Paulo after left-engine failure and fire

2026-03-30T13:15:31.752408-07:00

News Timeline

Breitflyte

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Delta posts $289M Q1 GAAP loss, $14.2B adjusted revenue; forecasts $1B Q2 profit Delta reported a $289 million GAAP net loss in Q1 2026 while posting record adjusted revenue of $14.2 billion, pressured by rising fuel costs and a GAAP/adjusted split. Management forecasts $1 billion profit in Q2 and says demand is broad-based as it navigates Iran-related turmoil.

2026-04-08T05:22:11.945547-07:00

Delta posts $289M Q1 GAAP loss, $14.2B adjusted revenue; forecasts $1B Q2 profit

Skift

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Delta halts growth, trims Q2 profit as Iran war-driven jet fuel spike adds >$2bn in costs Delta pulled planned capacity growth for the quarter and cut its Q2 profit forecast below Street expectations after Iran war-driven jet fuel spikes that will add more than $2 billion to June-quarter costs. Its refinery is expected to offset about $300 million and traffic demand remains strong.

2026-04-08T03:39:29.930362-07:00

Delta halts growth, trims Q2 profit as Iran war-driven jet fuel spike adds >$2bn in costs

ch-aviation

Delta Air Lines appoints new chief financial officer Delta Air Lines has appointed a new chief financial officer, marking the latest change to its executive team. The new CFO will assume responsibility for financial planning, capital allocation and reporting as Delta aligns leadership with ongoing strategic and operational priorities.

2026-04-05T10:26:35.564745-07:00

Delta Air Lines appoints new chief financial officer

ch-aviation

Delta names chief marketing & product officer to steer customer strategy amid C‑suite reshuffle Delta Air Lines has appointed a new chief marketing and product officer to lead customer strategy, loyalty and product development. The hire follows a broader C‑suite reshuffle and comes as Delta aligns commercial strategy with recent fleet and long‑haul expansion moves.

2026-04-04T21:51:40.573014-07:00

Delta names chief marketing & product officer to steer customer strategy amid C‑suite reshuffle

FlightGlobal

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Judge expedites appeal in Delta–Aeroméxico joint-venture case, schedules oral hearing A federal judge has fast-tracked the appeal of the DOT's order to dismantle the Delta–Aeroméxico joint venture and has agreed to an expedited oral hearing. Delta and Aeroméxico are seeking a court order to keep the partnership intact while the legal challenge proceeds.

2026-04-02T15:06:03.760201-07:00

Judge expedites appeal in Delta–Aeroméxico joint-venture case, schedules oral hearing

CNBC

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Delta picks Amazon Leo for inflight Wi‑Fi on 500 aircraft from 2028, promises 1 Gbps Delta will equip 500 aircraft with Amazon’s Leo LEO satellite internet from 2028, promising SkyMiles members low‑latency service and headline speeds up to 1 Gbps. The agreement is a major commercial win for Amazon as it races to deploy satellites and challenge SpaceX’s Starlink, though Leo is not yet operational.

2026-03-31T04:00:33.018485-07:00

Delta picks Amazon Leo for inflight Wi‑Fi on 500 aircraft from 2028, promises 1 Gbps

FlightGlobal

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Delta A330-300 (DL104) returns to São Paulo after left-engine failure and fire Delta Air Lines flight DL104, an Airbus A330-300 (N813NW) with 272 passengers and 14 crew, returned to São Paulo-Guarulhos after its left engine failed and caught fire shortly after takeoff en route to Atlanta on March 29. Crew declared an emergency and landed safely ten minutes later; no injuries reported.

2026-03-30T13:15:31.752408-07:00

Delta A330-300 (DL104) returns to São Paulo after left-engine failure and fire

Reuters

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Delta's 2012 refinery purchase proves strategic as jet‑fuel squeeze tightens Delta’s 2012 purchase of the Trainer refinery outside Philadelphia is paying off as global jet‑fuel supply tightens and prices spike, giving the carrier direct access to refined fuel and a built‑in hedge against volatile spot markets. The asset narrows Delta’s exposure to short‑term fuel shocks.

2026-03-25T04:09:42.418120-07:00

Delta's 2012 refinery purchase proves strategic as jet‑fuel squeeze tightens

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Delta Air Lines News

Delta halts growth, trims Q2 profit as Iran war-driven jet fuel spike adds >$2bn in costs

Delta posts $289M Q1 GAAP loss, $14.2B adjusted revenue; forecasts $1B Q2 profit

Delta picks Amazon Leo for inflight Wi‑Fi on 500 aircraft from 2028, promises 1 Gbps

Delta A330-300 (DL104) returns to São Paulo after left-engine failure and fire

News Timeline