Delta cuts 2026 profit outlook as fuel bill jumps $6 billion
Delta Air Lines (DAL) cut its 2026 earnings outlook on October 9, pointing to about $6 billion in higher jet fuel costs as the cause. Demand held up and fares rose, but pricier fuel squeezed margins faster than the airline could pass it on. Buffett Wallet holds a small long position.
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Delta Slashes 2026 Profit Outlook as Jet Fuel Costs Surge, Squeezing Airlines and Airport Retailers
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Reuters
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Delta Air Lines cuts profit outlook as fuel costs outpace fare gains
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CNBC
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Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong
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