Advertisements


Delta"s rising fares offset fuel cost surge

A rise in average fares trumped a nearly 40 percent surgein fuel costs, driving Delta Air Lines' quarterly operating revenue sharply higher. Fred Katayama reports......»»

Category: videoSource: reutersJul 12th, 2018

Rising fares push Delta past profit estimates

Delta Air Lines Inc topped estimates for quarterly profit and operating revenue Thursday as a rise in average fares trumped an almost 40 percent surge in fuel costs, pushing shares higher......»»

Category: topSource: reutersJul 12th, 2018

Travelers, beware! Delta warns of rising fares as prices for jet fuel skyrockets

Don’t be surprised if your airline ticket is a little pricier. Fuel prices are going up and Delta predicts its profits are about to go down. Nathan Rousseau Smith has the story......»»

Category: topSource: moneycentralJul 13th, 2018

5 Things Delta Air Lines, Inc. Wants You to Know

Rising fuel costs have put pressure on Delta's pretax margin in 2018, but the company is well-positioned to stabilize its profitability over the next couple of quarters......»»

Category: topSource: foxnewsJul 17th, 2018

Delta to Increase Fares, Trim Flights as Fuel Prices Rise - Wall Street Journal

Wall Street JournalDelta to Increase Fares, Trim Flights as Fuel Prices RiseWall Street JournalDelta Air Lines Inc. DAL 1.79% said it will boost fares and add fewer flights than planned, as carriers contend.....»»

Category: topSource: googlenewsJul 12th, 2018

The Ratings Game: Airlines feel the pinch of rising fuel prices, passengers will feel it next

Surging fuel costs leads yet another airline to cut its financial outlook, but most airline stocks rallied as analysts looked to increased ticket pricing to offset the fuel price increase......»»

Category: topSource: marketwatchJul 12th, 2018

Delta to Trim Flights as Fuel Prices Rise

Delta said fuel costs rose by a third in its latest quarter and that it would work to offset the increase by reducing expenses and by cutting flights this fall......»»

Category: smallbizSource: wsjJul 12th, 2018

Delta"s guidance comes up short as rising fuel costs weigh

Reuters/Tami .....»»

Category: topSource: businessinsiderJul 12th, 2018

Delta Air Lines hit by rising fuel prices - CNNMoney

CNNMoneyDelta Air Lines hit by risi.....»»

Category: topSource: googlenewsJul 3rd, 2018

Delta Air Lines hit by rising fuel prices

Higher fuel prices are hurting Delta Air Lines......»»

Category: topSource: moneyJul 3rd, 2018

Uber Is Testing Longer Waits for Lower Fares

The company is working to create lower-cost options amidst rising prices. Uber is now.....»»

Category: europeSource: fortuneJun 19th, 2018

AAA: Erie County motorists spend this much filling up their gas tanks

The cost of putting gasoline is rising and that means motorists are shelling out more of their income to energize their vehicles. According to AAA, the average Erie County resident will use 8.2 percent of their income for fuel. The national trade gro.....»»

Category: topSource: bizjournalsJun 13th, 2018

Delta Cuts Q2 Guidance: Can American and United Hold the Line?

Delta Air Lines cut its outlook based on rising fuel prices. However, two of its biggest rivals could feel the pinch more if oil prices remain high......»»

Category: topSource: foxnewsJun 6th, 2018

Climbing Fuel Costs Lead Airlines to Raise Ticket Prices

Jet-fuel prices have surged more than 50% over the past year, pushing carriers to raise fares and Delta Air Lines to cut its profit expectations......»»

Category: smallbizSource: wsjJun 6th, 2018

Climbing Fuel Costs Force Airlines to Raise Ticket Prices

Jet-fuel prices have surged more than 50% over the past year, pushing carriers to raise fares and Delta Air Lines to cut its profit expectations......»»

Category: smallbizSource: wsjJun 6th, 2018

Delta Air"s stock sinks after profit outlook cut, as fuel price forecast rises

Shares of Delta Air Lines Inc. sank 3% in morning trade Wednesday, after the air carrier cut its second-quarter profit and margin outlooks, as an increase in fuel prices offset a raised unit revenu.....»»

Category: topSource: marketwatchJun 6th, 2018

US Services Surge Signals 3.5% GDP Growth, But Rising Cost Concerns Loom

US Services surged to a three-year high, according to Markit's PMI survey, but with business optimism near record highs, concerns over rising costs and the impact of tariffs are rising. Inflationary pressures intensified in May, as input cost infla.....»»

Category: blogSource: zerohedgeJun 5th, 2018

Smucker (SJM) Q4 Earnings Likely to Rise Y/Y: Here"s Why

Smucker's (SJM) focus on innovations, prudent acquisitions and solid cost-savings activities is likely to offset elevated freight costs and fuel growth in Q4. The J. M. Smucker Company SJM is slated to release fourth-quar.....»»

Category: dealsSource: nytJun 4th, 2018

Copa Holdings Drops to 52-Week Low: What"s Pulling it Down?

The Panama-Venezuela row takes a toll on Copa Holdings (CPA). Rising fuel costs and competition from low-cost carriers are additi.....»»

Category: dealsSource: nytJun 4th, 2018

Global airlines cut profit forecast as fuel, labor costs bite

SYDNEY (Reuters) - Global airlines on Monday lowered their forecast for industry profits in 2018 by 12 percent due to the rising cost of fuel and labor as well as an upturn in the interest rate cycle......»»

Category: topSource: reutersJun 3rd, 2018

Rising fuel prices: IndiGo hikes fares, others pvt airlines may follow suit

The surcharge will be applicable on all domestic trips, i.e. within India, and will come into effect at midnight on May 29, the airline said in a statement.....»»

Category: topSource: business-standardMay 29th, 2018