Delta CEO says airline will reduce capacity growth plans as jet fuel costs soar
CNBC Television·2026-04-08 16:01

jet fuel in in total for a barrel basis is well over $200 a barrel, you know, on a refined basis. We're going to save in the second quarter about $300 million at these prices because of the refinery. So, it provides a nice benefit in terms of relief, but it doesn't solve the issue.We have to take action just like everyone else in this industry needs to in order to get our costs covered. The fuel prices are going to stay elevated. We have to be responsible. We have to find ways to get our costs covered.One o ...

Delta CEO says airline will reduce capacity growth plans as jet fuel costs soar - Reportify