Home » General World News » Airlines warned fuel prices were a growing threat, but it just became clear how terrible the situation has become (DAL)

Airlines warned fuel prices were a growing threat, but it just became clear how terrible the situation has become (DAL)





Delta Airbus A350 900 MSN115 take off 005

  • Delta Air Lines reported second-quarter 2018 profits of $1.025 billion on $11.775 billion in operating revenue.
  • Even though revenues are up, profits are actually $161 million lower than the same period in 2017.
  • Much of this can be attributed to the increase in fuel prices.
  • The increase in costs for airlines could be passed on to consumers.

The price of crude oil has skyrocketed more than 50% over the last year and the effects on the airline industry are expected to be profound.

Now we have a better idea of just how profound.

On Thursday, Delta Air Lines reported read more >>>

Source:: BusinessInsider.Com

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