Originally Posted by
JamesBond
Everyone? So where is the money going then? A trickle of 'new' growth airplanes, debt increase on those contained; a refinery that gave us a bit of an advantage wrt fuel prices... etc.... I agree that hiring might slow, but I am not sure I agree with your assertion that 'high' oil is the culprit.
Once again it’s not my assertion.its what the management team is stating. Delta’s fuel bill will be 2 billion more than the guidance they used.
July 12 (UPI) -- Delta Air Lines announced Thursday it will be forced to cut out certain routes after the peak summer season in order to offset the rising cost of fuel. Delta's fuel bill rose by $578 million in the second quarter over the same period last year, the carrier said Thursday. This year's total fuel bill is expected to be $2 billion more than it was in 2017. "We have seen early success in addressing the fuel cost increase and offset two-thirds of the impact in the June quarter," said Delta CEO Ed Bastian. Bastian said cutting undersold flights from the fall schedule should position Delta to return to margin expansion by the end of the year. It wasn't initially specified which routes