Delta Air Line Says High Fuel Costs Squeeze Profitability

Dow Jones
昨天

Delta Air Lines matched its third-quarter pretax profit of $1.5 billion from last year while absorbing a $6 billion increase in full-year fuel costs. The carrier's adjusted fuel price rose 60% year over year to $3.61 per gallon in the quarter. Chief Executive Ed Bastian attributed the airline's ability to hold earnings steady to structural durability built over many years. For the fourth quarter, Chief Financial Officer Erik Snell expects fuel prices around $4.25 per gallon, which positions earnings consistent with last year only at the upper end of guidance

 

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10