Delta Stock Drops as Fuel Costs Bite -- WSJ
Dow Jones2026/10/09 11:34By WSJ Staff Shares in Delta Air Lines are down more than 3% premarket after the airline cut its earnings outlook following another quarter of persistently high fuel costs. -- The airline said it now expects full-year earnings per share to be $5.10 to $5.60, down from its previous guidance range of $6.50 to $7.50. -- The cost of fuel was $500 million higher in its most recent quarter compared with guidance shared in July. -- CEO Ed Bastian said that despite this headwind, demand among travelers has stayed strong. This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). (END) Dow Jones Newswires October 09, 2026 07:34 ET (11:34 GMT)
By WSJ Staff
Shares in Delta Air Lines are down more than 3% premarket after the airline cut its earnings outlook following another quarter of persistently high fuel costs.
-- The airline said it now expects full-year earnings per share to be $5.10 to $5.60, down from its previous guidance range of $6.50 to $7.50.
-- The cost of fuel was $500 million higher in its most recent quarter compared with guidance shared in July.
-- CEO Ed Bastian said that despite this headwind, demand among travelers has stayed strong.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 09, 2026 07:34 ET (11:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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