Delta's Q2 Fuel Costs Rise Sharply Amid Iran War; Refinery Helps Offset Some Expenses
Delta Air Lines reported a $4 billion fuel bill in the second quarter, driven by soaring energy prices due to conflict in Iran. The airline’s Pennsylvania refinery boosted revenue by 83% year-to-date, partially offsetting costs and offering some relief.
Topics: Airlines Industry Fuel Costs Oil Refinery Operations