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Delta Predicts $2 Billion Fuel Hit With CEO Cautious on Outlook
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-George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses earnings from Delta Airlines. Delta Air Lines expects to incur more than $2 billion in higher fuel costs through June because of the Iran war. The increase in fuel prices is forcing carriers to weigh how much of the higher expense they can pass on through fares without dampening bookings.
-Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering…
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