# Delta Air Lines (NYSE:DAL) CEO Ed Bastian had one thing on his mind Wednesday morning.

*business · news · 2026-04-08 · Benzinga*

## Key points

- Delta's Q2 pretax profit guidance is based on fuel prices before the recent ceasefire.
- Delta estimates a $40 million annual fuel cost impact for each one-cent change in jet fuel price.
- Prediction markets give a 65% chance Strait of Hormuz traffic normalizes by end of May.
- IATA warns Middle East refining disruptions will delay full jet fuel supply recovery even after Hormuz reopens.

**Companies:** Delta Air Lines
**Countries:** Iran, United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/prediction-markets/26/04/51707676/delta-beats-q1-earnings-what-does-the-iran-ceasefire-mean-for-dal)

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