NYSE:DALAirlines
Surging Jet Fuel Costs and Refinery Hedge Might Change The Case For Investing In Delta (DAL)
In recent days, Delta Air Lines has moved into the spotlight ahead of its April 8 first‑quarter earnings release, as investors weigh the impact of the Iran conflict and a very large jump in jet fuel prices on the carrier’s costs and operations.
Attention has centered on whether Delta’s ownership of an oil refinery and its focus on premium and corporate travel can soften the blow from the global jet fuel shortage that is pressuring airline margins worldwide.
We’ll now examine how the surge in...