Delta cuts 2026 profit forecast after fuel costs jump
Delta Air Lines lowered its 2026 profit outlook and came in under analyst expectations for the quarter, while its CEO says demand remains strong.
Delta Air Lines lowered its 2026 profit forecast. CNBC links the cut to a surge in fuel costs.
The company's third-quarter earnings fell short of Wall Street estimates, CNBC reports. It is the first time in two years Delta has come in below expectations, according to CNBC.
Delta's CEO said demand is still strong, according to both CNBC and CBS News.
CBS News reports that Delta's stock was flat on Friday despite the forecast cut.
Reported by
- CNBCDelta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strongFri, Oct 9, 6:35 AM EDT
- CBS NewsDelta CEO says demand is still strong despite company slashing 2026 profit forecastFri, Oct 9, 8:52 PM EDT
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.