Delta Gives First Taste of Airlines' Profit Sting from Jet Fuel Surge

Dow Jones07-10

0832 ET - Delta Air Lines, the inaugural reporter for the airline earnings season, is giving a first glimpse of how this spring's surge in jet fuel costs weighed on carriers' bottom lines. Delta says fuel costs in 2Q were up 67% year-over-year at $4.1 billion, marking its highest quarterly fuel expense in company history and pushing total operating costs up 23% to $17.89 billion. Higher flight prices gave a big lift to revenue, but only managed to cover 60% of the increase in fuel costs, according to CEO Ed Bastian. Delta's 2Q profit slid 25% to $1.6 billion, or $2.44 a share. Things could be worse for the rest of the industry because, unlike any of its competitors, Delta owns a jet fuel refinery that helped mitigate the impact of high fuel costs. (dean.seal@wsj.com)

(END) Dow Jones Newswires

July 10, 2026 08:32 ET (12:32 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2650180975?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-10 20:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2650180975","market":"us","top_or_hot":-1,"title":"Delta Gives First Taste of Airlines' Profit Sting from Jet Fuel Surge","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0832 ET - Delta Air Lines, the inaugural reporter for the airline earnings season, is giving a first glimpse of how this spring's surge in jet fuel costs weighed on carriers' bottom lines. Delta says fuel costs in 2Q were up 67% year-over-year at $4.1 billion, marking its highest quarterly fuel expense in company history and pushing total operating costs up 23% to $17.89 billion. Higher flight prices gave a big lift to revenue, but only managed to cover 60% of the increase in fuel costs, according to CEO Ed Bastian. Delta's 2Q profit slid 25% to $1.6 billion, or $2.44 a share. Things could be worse for the rest of the industry because, unlike any of its competitors, Delta owns a jet fuel refinery that helped mitigate the impact of high fuel costs. (dean.seal@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2026 08:32 ET (12:32 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Delta Gives First Taste of Airlines' Profit Sting from Jet Fuel Surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDelta Gives First Taste of Airlines' Profit Sting from Jet Fuel Surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-10 20:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0832 ET - Delta Air Lines, the inaugural reporter for the airline earnings season, is giving a first glimpse of how this spring's surge in jet fuel costs weighed on carriers' bottom lines. Delta says fuel costs in 2Q were up 67% year-over-year at $4.1 billion, marking its highest quarterly fuel expense in company history and pushing total operating costs up 23% to $17.89 billion. Higher flight prices gave a big lift to revenue, but only managed to cover 60% of the increase in fuel costs, according to CEO Ed Bastian. Delta's 2Q profit slid 25% to $1.6 billion, or $2.44 a share. Things could be worse for the rest of the industry because, unlike any of its competitors, Delta owns a jet fuel refinery that helped mitigate the impact of high fuel costs. (dean.seal@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2026 08:32 ET (12:32 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4008","symbol_name":"航空公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2650180975","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650180975","pubTimestamp":1783686720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0832 ET - Delta Air Lines, the inaugural reporter for the airline earnings season, is giving a first glimpse of how this spring's surge in jet fuel costs weighed on carriers' bottom lines. Delta says fuel costs in 2Q were up 67% year-over-year at $4.1 billion, marking its highest quarterly fuel expense in company history and pushing total operating costs up 23% to $17.89 billion. Higher flight prices gave a big lift to revenue, but only managed to cover 60% of the increase in fuel costs, according to CEO Ed Bastian. Delta's 2Q profit slid 25% to $1.6 billion, or $2.44 a share. Things could be worse for the rest of the industry because, unlike any of its competitors, Delta owns a jet fuel refinery that helped mitigate the impact of high fuel costs.  Dow Jones NewswiresJuly 10, 2026 08:32 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4008":"航空公司","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4500":"航空公司","SUPL":"PROSHARES SUPPLY CHAIN LOGISTICS ETF","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","SHPP":"PACER INDUSTRIALS AND LOGISTICS ETF","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","DAL":"达美航空","JETS":"U.S. Global Jets ETF","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD"},"translate_title":"达美航空首次尝到了航空公司因航空燃油激增而带来的利润冲击","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SUPL":0.71,"SHPP":0.71,"DAL":0.9,"JETS":0.6},"content_text":"0832 ET - Delta Air Lines, the inaugural reporter for the airline earnings season, is giving a first glimpse of how this spring's surge in jet fuel costs weighed on carriers' bottom lines. Delta says fuel costs in 2Q were up 67% year-over-year at $4.1 billion, marking its highest quarterly fuel expense in company history and pushing total operating costs up 23% to $17.89 billion. Higher flight prices gave a big lift to revenue, but only managed to cover 60% of the increase in fuel costs, according to CEO Ed Bastian. Delta's 2Q profit slid 25% to $1.6 billion, or $2.44 a share. Things could be worse for the rest of the industry because, unlike any of its competitors, Delta owns a jet fuel refinery that helped mitigate the impact of high fuel costs. (dean.seal@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  July 10, 2026 08:32 ET (12:32 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"economic","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650180975","isCrawlerRequest":true}