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Delta CEO braces flyers for higher fares amid surge in oil prices tied to Iran war
| United Kingdom | world | โœ“ Verified - theguardian.com

Delta CEO braces flyers for higher fares amid surge in oil prices tied to Iran war

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<p>Airline projected a $2bn increase in fuel costs this quarter amid volatility in oil markets sparked by the war</p><p>The CEO of Delta Air Lines, Ed Bastian, braced customers for higher fares following the surge in oil prices sparked by the US-Israel war on Iran, amid strong demand from passengers.</p><p>Though rising oil prices have cost the company an extra $330m in fuel expenses, and it projected a $2bn increase in fuel costs in the current quarter, Delta forec

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<p>Airline projected a $2bn increase in fuel costs this quarter amid volatility in oil markets sparked by the war</p><p>The CEO of Delta Air Lines, Ed Bastian, braced customers for higher fares following the surge in oil prices sparked by the US-Israel war on Iran, amid strong demand from passengers.</p><p>Though rising oil prices have cost the company an extra $330m in fuel expenses, and it projected a $2bn increase in fuel costs in the current quarter, Delta forec
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