Delta says higher airfares expected to last despite drop in oil prices
Delta Airlines reported a $1.4 billion profit on July 14, despite record-high fuel costs. CEO Ed Bastian indicated that airfares, up 12 to 15% from last year, are expected to remain elevated due to strong travel demand. The airline is passing on 60% of its extra fuel costs to consumers amid ongoing inflationary pressures.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 10 Jul 2026, 16:15 UTC · Updated 10 Jul 2026, 16:30 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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