Airline ETFs Rally on Delta's Bullish Outlook

Falling Oil Prices Falling oil prices are adding strength to the airline stocks and ETFs. Delta's fuel expenses dropped 11% year over year, with per-gallon costs down 14%, easing pressure on margins. The air carrier restored its 2025 guidance, which it had suspended after the first-quarter 2025 earnings report. DAL expects earnings of $5.25-$6.25 per share. The Zacks Consensus Estimate is pegged at earnings of $5.11. Further, Delta signaled strong momentum in the airline industry. It reported that bookings ...